318
submitted 11 months ago by BrikoX@lemmy.zip to c/worldnews@lemmy.ml
you are viewing a single comment's thread
view the rest of the comments
[-] atomWood@lemm.ee 6 points 11 months ago

Twitter has never really been a financially viable company. They were losing money year after year. That’s not what I would call financially stable. There’s a reason they did everything they could to force Musk to buy it when he tried to back out.

[-] root@socialmedia.fail 21 points 11 months ago* (last edited 11 months ago)

Yeah there is a reason, the reason is because his dumbass offered more than twice what the company was worth.

Lots of tech companies operate at slightly under profitability. They were doing fine.

this post was submitted on 23 Jul 2023
318 points (90.6% liked)

World News

31446 readers
1060 users here now

News from around the world!

Rules:

founded 4 years ago
MODERATORS