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1. Embed this notice
   James Gleick (jamesgleick@zirk.us)'s status on Tuesday, 02-Apr-2024 01:39:06 JST James Gleick

   Let’s do some arithmetic. A company takes in $4 million in total revenue. To accomplish this, it spends $62 million.

   Net loss: $58 million.

   How much would you pay to buy this company? https://mastodon.social/@GottaLaff/112196716174826637

   • Tim Chambers and Paul Cantrell repeated this.
   • Embed this notice
     James Gleick (jamesgleick@zirk.us)'s status on Tuesday, 02-Apr-2024 01:39:05 JST James Gleick

     in reply to

     Even worse: that tiny bit of revenue is trending DOWNWARD.

     https://wapo.st/4cEmKyX

     Paul Cantrell repeated this.
   • Embed this notice
     RalfMaximus (ralfmaximus@mastodon.social)'s status on Tuesday, 02-Apr-2024 14:09:26 JST RalfMaximus

     in reply to

     @JamesGleick

     It depends on your goals. If "profit" is that goal, then it makes zero sense.

     If, however, you're after political influence and/or laundering a bunch of foreign cash, well then.. let's fire up the money incinerator!

   • Embed this notice
     Dadbod AntiFa (beckett@triangletoot.party)'s status on Tuesday, 02-Apr-2024 14:09:34 JST Dadbod AntiFa

     in reply to

     @JamesGleick Where is the SEC? Where is the *FEC*?