Bernie Ecclestoned@sh.itjust.works to Technology@lemmy.worldEnglish · 2 years agoAccording to Elon Musk’s own math, the company formerly known as Twitter has lost 90% of its value and could be worth just $4 billionfinance.yahoo.comexternal-linkmessage-square95fedilinkarrow-up1823arrow-down128
arrow-up1795arrow-down1external-linkAccording to Elon Musk’s own math, the company formerly known as Twitter has lost 90% of its value and could be worth just $4 billionfinance.yahoo.comBernie Ecclestoned@sh.itjust.works to Technology@lemmy.worldEnglish · 2 years agomessage-square95fedilink
minus-squarekilleronthecorner@lemmy.worldlinkfedilinkEnglisharrow-up16arrow-down1·2 years agoSimply reversing Elon’s decisions would bring back advertisers and engineers, and the media would paint them as the Messiah for saving “the Internet’s public square”. And for 90% off the ticket price? Why not
minus-squareJackbyDev@programming.devlinkfedilinkEnglisharrow-up4·2 years agoYeah, it’s easy to forget but it was a leveraged buyout meaning that a lot (all?) of the debt is Twitter’s, not Elon’s.
minus-squarescarabic@lemmy.worldlinkfedilinkEnglisharrow-up5·2 years agoMaybe they could use it to swindle some other mega rich bastard, just the way they robbed Musk.
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Simply reversing Elon’s decisions would bring back advertisers and engineers, and the media would paint them as the Messiah for saving “the Internet’s public square”.
And for 90% off the ticket price? Why not
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To make a shitload of money
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Yeah, it’s easy to forget but it was a leveraged buyout meaning that a lot (all?) of the debt is Twitter’s, not Elon’s.
Maybe they could use it to swindle some other mega rich bastard, just the way they robbed Musk.