• atomWood@lemm.ee
    link
    fedilink
    English
    arrow-up
    8
    ·
    1 year 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
      link
      fedilink
      English
      arrow-up
      22
      ·
      edit-2
      1 year 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.