Bernie Ecclestoned to Technology@lemmy.worldEnglish · 1 year 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-square239fedilinkarrow-up11.37Karrow-down146
arrow-up11.33Karrow-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 to Technology@lemmy.worldEnglish · 1 year agomessage-square239fedilink
minus-squarekilleronthecorner@lemmy.worldlinkfedilinkEnglisharrow-up19arrow-down1·1 year 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-up4·1 year 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-up7·1 year agoMaybe they could use it to swindle some other mega rich bastard, just the way they robbed Musk.
minus-squareFleetingTit@feddit.delinkfedilinkEnglisharrow-up4·1 year agoThe Twitter brand is still worth good money, just not in the hands of 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.
The Twitter brand is still worth good money, just not in the hands of Musk.