this post was submitted on 17 Aug 2023
2465 points (97.4% liked)
Technology
59287 readers
4401 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's not his money though, so your theory hasn't really fallen apart. Some of it his money but he's been hanging with the saudis and murdoch.
Considering that most of the market was stupidly overpriced, if you had 100b of worth in overpriced stock, and you had to choose between spending it or waiting for it to lose value over the next few months, what would you do?
I wouldn't buy Twitter, fire everyone, chase off a lot of the good people and then change the name. If I felt like Twitter was the only plan, I would have negotiated a fair price, worked with the people on what was already working and wasn't, kept everyone on until you knew how it ran, kept the worldwide, known name and probably paid my rent, lol. I'm not a "genius" in business, but I do know that this is probably the best I could have done.
Tax write off perhaps?