Mark Cuban on dot-com bubble, tech stocks, Musk's start at Twitter

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Mark Cuban says investors aren't facing another dot-com crash - and shrugs off Elon Musk's rocky start at Twitter

. Investors have dumped tech stocks because their growth prospects have been hit by inflation and higher interest rates soaking up liquidity.

Cuban also downplayed the chaos at Twitter during Musk's first weeks as CEO. The social-media company has launched then quickly scrapped features, enabled impersonations of official accounts, and already seen layoffs. Cuban added that if Musk can assuage advertisers' worries about content moderation and also retain users, Twitter's reduced cost base could put it in a better position than before Musk took the reins.

 

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Agreed. I wouldn’t say elonmusk had a rocky start, rather it was more of an adventurous start which had an intent. There could be a few trial and errors, but isn’t that how we learn to be a better at something?

Mark Cuban understands what many of us don’t—what it takes to run a large scale business. “In a year from now, if it finds its footing, everyone will forget everything that's being said right now,'

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