BrikoX@lemmy.zip to World News@lemmy.mlEnglish · 1 year agoTwitter to ditch bird logo, Musk sayswww.politico.euexternal-linkmessage-square113fedilinkarrow-up1356arrow-down138
arrow-up1318arrow-down1external-linkTwitter to ditch bird logo, Musk sayswww.politico.euBrikoX@lemmy.zip to World News@lemmy.mlEnglish · 1 year agomessage-square113fedilink
minus-squareatomWood@lemm.eelinkfedilinkEnglisharrow-up8arrow-down2·1 year agoTwitter 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.
minus-squareroot@socialmedia.faillinkfedilinkEnglisharrow-up22arrow-down1·edit-21 year agoYeah 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.
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.
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.