The Twitter acquisition is like paying 500k for a house that’s worth 300k, turning around and gutting it so it’s only worth 175k, then claiming victory because

The Twitter acquisition is like paying 500k for a house that’s worth 300k, turning around and gutting it so it’s only worth 175k, then claiming victory because “hey at least it didn’t burn down”. I think it’s hard to see what has happened to Twitter as anything but utterly breaking the business.