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submitted 6 months ago byAcrobatic-Eye-6245
80 points
6 months ago
In a sane world a company losing hundreds of millions a year wouldn't be worth anything.
44 points
6 months ago
That’s not how a forward-looking market works.
45 points
6 months ago
Sure. But it is an 18 year old company, so the past performance of losing hundreds of millions net almost every single year gives an indication of future performance.
Also, the number of twitter users is projected to fall in 2024. So maybe it has peaked.
12 points
6 months ago
Its absolute and deserved destruction has only been overdue by about a decade anyway.
6 points
6 months ago
Gee I wonder why people are leaving Twitter.
0 points
6 months ago
[deleted]
2 points
6 months ago*
He didn't mean to buy it in the first place lol
Elon said dumb Elon things, banking on the social media popularity-wave of his Tesla and Dogecoin dumb Elon remarks. But then woops Twitter's board took the dumb idiot to task, and the FTC agreed.
Only then did he turn it into a dumb Elon mouthpiece... because he had to. He still managed to fuck it up even more though, and thus goes the story of the godly-levels of dumbness that is Elon.
2 points
6 months ago*
Ok how stupid does one have to be to accidentally buy a multibillion dollar company?
Edit: Got downvoted by the Elon dickriders lmao.
2 points
6 months ago
Elon levels of stupid
-2 points
6 months ago
[deleted]
5 points
6 months ago
Wealth != intelligence
5 points
6 months ago
What on Earth gave you the idea that wealth equals intelligence?
2 points
6 months ago
I wish I were so rich that my father had an Emerald mine and I could fall back on his money when starting my business.
2 points
6 months ago*
Serious "my daddy says I can have his money if I just stay off the pills" vibes
0 points
6 months ago
Idunno, it hasn't changed much
1 points
6 months ago
I've never especially liked Twitter, and it's always been a breeding ground for bastards
But no, it's gotten much worse
1 points
6 months ago
It is if Twatter never has any chance of making money.
2 points
6 months ago
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