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    Vic Uzumeri ?? with?? (canraisin@mstdn.ca)'s status on Tuesday, 20-Dec-2022 11:00:57 JSTVic Uzumeri ?? with??Vic Uzumeri ?? with??
    in reply to
    • hypolite
    • Patrick, the Linux guy

    @raccoon @hypolite

    Follow the money.

    In his last year, Jack Dorsey spent US$5.5B and earned US$5B with Twitter.

    Elon adds $1B in debt service and loses $2B or $3B in ad revenue. He maybe saves $1B or $1.5B in staffing costs. That still leave $2B/yr. (give or take) hole to fill.

    He can subsidize eternally from his own pocket … or declare Chapter 11. If he hires a CEO, it will be to steer it through bankruptcy.

    and it will never be the same.

    In conversationTuesday, 20-Dec-2022 11:00:57 JST from mstdn.capermalink

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GNU social JP is a social network, courtesy of GNU social JP管理人. It runs on GNU social, version 2.0.2-dev, available under the GNU Affero General Public License.

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