‘Soon we shall bid adieu to the Twitter brand and, gradually, all the birds,’ Musk wrote in a tweet early Sunday.
  • atomWood@lemm.eeEnglish
    82·
    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.failEnglish
      221·
      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.