this post was submitted on 18 Jul 2023
467 points (100.0% liked)

Technology

55973 readers
3986 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
enu@lemm.ee
fry@fry.gs
L3s@fry.gs
enu@lemmy.world
L4s@fry.gs
L4s@lemmy.world
467
Twitter's valuation has been slashed by 47% at Ark Invest since Elon Musk took over (markets.businessinsider.com)
submitted 1 year ago by mastermind@lemm.ee to c/technology@lemmy.world
51 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] MidwestMayonaiseSalad@lemmy.world 12 points 1 year ago

I don’t think it was even that. He was so 100% going to lose the fight to not buy Twitter that even for someone with his resources it wasn’t worth fighting. He made a weak attempt to embarrass Twitter into backing out due to public opinion, but didn’t really have any options after that. He just fucked up that magnificently with the initial contract.