4 ms·

Elon Musk reportedly values Twitter at $20B

• retrocryptid 4y ago
  How do you make a $20B social media company? Start with a $44B social media company.
  • iloveaccount 4y ago
    Genius.
    • retrocryptid 4y ago
      I can't claim I'm the genius behind the joke. It's apparently been around forever: https://ask.metafilter.com/91579/Who-came-up-with-this-joke https://ask.metafilter.com/91579/Who-came-up-with-this-joke
• MBCook 4y ago
  Has anyone ever burned that much money that fast before without producing something physical? It’s been 150 days since the acquisition closed. That means Twitter lost over $133 million a day.
  • dragonwriter 4y ago
    > Has anyone ever burned that much money that fast before without producing something physical? Its not actual money but estimated value, but, Elon Musk’s record for losing money isn’t just Twitter (although the Twitter acquisition contributed to the rest of it.) https://www.cbsnews.com/news/elon-musk-net-worth-worst-loss-of-fortune-in-history-guinness-book-of-world-records/ https://www.cbsnews.com/news/elon-musk-net-worth-worst-loss-...
• insane_dreamer 4y ago
  From the NYT article about this: > an email to Twitter’s communications department was returned with a poop emoji LOL