4 ms·

> Huffman really decided to go full-Elon I bet investors wish he went full Elon.

• slama 3y ago
  Considering twitter's worth a third of what he paid for it, probably not https://www.bloomberg.com/news/articles/2023-05-30/twitter-is-worth-33-of-musk-s-purchase-price-fidelity-says https://www.bloomberg.com/news/articles/2023-05-30/twitter-i...
  • tourmalinetaco 3y ago
    Keep in mind the $44B number was a joke offer he was forced to pay out. He knew it wasn’t worth as much, but he fucked around and found out. According to NASDAQ, pre-purchase it was around $13B. And Elon claims it’s at $20B. So supposedly he has improved the net worth, but yes obviously he’s still $20B in the hole. https://www.nasdaq.com/articles/what-is-twitters-net-worth https://www.nasdaq.com/articles/what-is-twitters-net-worth
  • dbg3386 3y ago
    …And Fidelity deepened its valuation cut in Reddit again, today. https://techcrunch.com/2023/06/30/fidelity-deepens-valuation-cut-for-reddit-and-discord/ https://techcrunch.com/2023/06/30/fidelity-deepens-valuation...
    • E39M5S62 3y ago
      That's the article that the comments are all about, yes.
  • FormerBandmate 3y ago
    Tesla is a wildly different story because they're quickly becoming the Apple of cars. They've convinced all the American automakers to use the Tesla charger, they're setting themselves up to basically own road charging