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Why not? That was the market cap when he bought it. Assuming he can recover the revenue lost when he took it over eventually, plus inflation and tech stock reco
by justinhj 3y ago
Why not? That was the market cap when he bought it. Assuming he can recover the revenue lost when he took it over eventually, plus inflation and tech stock recovery I think it's very likely it will be worth that again at some point in the future assuming it doesn't crash and burn completely before then.
- justinhj 3y agoUnpopular opinions on hacker news “twitter might not fail”
- WheatMillington 3y agoThey market cap when he bought it was considerably lower than $44b, and it was nonetheless over valued at the time.
- justinhj 3y agoNo, when he wrote up the contract it was at around $44b. The actual purchase was months later.