Twitch star Amouranth praises Elon Musk for $3 billion Twitter purchase Pixabay\/Instagram\/AmouranthPopular Twitch streamer-turned-entrepreneur Kaitlyn \u2018Amouranth\u2019 Siragusa is praising Elon Musk for buying 9% of Twitter instead of creating his own platform. Amouranth has become quite the businesswoman in recent years, flaunting her extravagant acquisitions on social media. The hot tub streamer has become the owner of a gas station, a plastic ball company and has bought a ton of stock, including $2M of Activision-Blizzard. Now, with Elon Musk\u2019s $3B purchase of 9% of Twitter, Siragusa has praised the Tesla founder for what she believes to be a \u201cgreat pickup.\u201d Amouranth explains why Elon Musk\u2019s Twitter buy was so good Taking to her personal Twitter account, the Twitch star outlined why she was thrilled about Elon\u2019s massive purchase. \u201cTwitter\u2019s utility as a platform far exceeds its market value. The problem is Twitter\u2019s cashflow and product innovation and monetization efforts have been super disappointing,\u201d she explained. \u201cFacebook would buy it if not for anti-trust. Mark [Zuckerberg] literally called it a goldmine.\u201d She further addressed Elon\u2019s decision to buy Twitter instead of creating his own platform, remarking how this method was way more cost-effective. Ellen didn\u2019t try to build, he bought because he knows the replacement cost for $TWTR far exceeds its price I\u2019m the open market It would cost more to replicate the ecosystem + network effects \u2014 Kaitlyn (@wildkait) April 5, 2022 \u201cElon didn\u2019t try to build, he bought because he knows the replacement cost for Twitter far exceeds its price in the open market,\u201d she said. \u201cIt would cost more to replicate the ecosystem + network effects.\u201d Furthermore, she was happy to see Musk join Twitter\u2019s board, commenting that it was like \u201cwatching the Avengers Assemble.\u201d It\u2019s like watching the Avengers Assemble Dr Strange, Ironman, Spiderman pic.twitter.com\/yIr9UcW50n \u2014 Kaitlyn (@wildkait) April 5, 2022 So far, Musk has wasted little time in flexing his newly acquired share of the company and has planned some \u201csignificant improvements\u201d to the site. Only time will tell if Amouranth\u2019s superhero comparison holds up and Musk delivers after becoming the largest shareholder. In any case, it seems like Twitter is going to become a much more interesting platform now that Elon has such a prominent role.<\/p>\n","protected":false},"excerpt":{"rendered":"
Twitch star Amouranth praises Elon Musk for $3 billion Twitter purchase Pixabay\/Instagram\/AmouranthPopular Twitch streamer-turned-entrepreneur Kaitlyn \u2018Amouranth\u2019 Siragusa is praising Elon Musk for buying 9% of Twitter instead of creating his own platform. Amouranth has become quite the businesswoman in recent years, flaunting her extravagant acquisitions on social media. The hot tub streamer has become the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-62452","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/62452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=62452"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/62452\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=62452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=62452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=62452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}