this post was submitted on 30 Nov 2023
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he said. “We’ll be gone, and it’ll be gone because of an advertiser boycott.”... eeer, no.

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[–] archomrade@midwest.social 20 points 9 months ago* (last edited 9 months ago) (1 children)

I'm a little confused by this comment, Twitter isn't a publicly traded stock anymore?

Unless you mean he made deals with them before he BOUGHT twitter (for well beyond market value), meaning the hedgies would be taking a loss....?f

edit: that doesn't preclude the possibility he's tanking the company so he can declare bankruptcy to get out of his loans, but that doesn't involve conspiring with hedge funds, it's just a different kind of financial fraud

[–] TurtleJoe@lemmy.world 7 points 9 months ago (2 children)

Your edit has been my pet theory for some time. That and he gets to ruin a platform that leftists have used to organize around the world.

[–] IHadTwoCows@lemm.ee 3 points 9 months ago

That just tells me that he doesnt understand how leftists work. We change platforms on the reg.

[–] archomrade@midwest.social 1 points 9 months ago

Yea, I mean I think it's probably his best play. But I don't really grant him to be so principled as to have originally bought twitter for that purpose: I think he's a dumbass who got called on a shitpost, and now he has to weasel his way out.

Doesn't mean he's not also a reactionary cunt, but I personally think that plays second fiddle to this situation.