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Twitter dies as soon as free money stops. Many internet companies are zombies or even worse
by throwtitts 2y ago
Twitter dies as soon as free money stops. Many internet companies are zombies or even worse
- edmundsauto 2y agoInterest rates have been above guaranteed yields for some time now. When does the free money end?
- immibis 2y agoSomeone is still stuck owning the companies. There seems to be some inertia there. Our Benefactors don't always shut down a company the moment it becomes unprofitable, when it took 15 years to get to the position it's in today. If the tide reverses and the company becomes profitable again, they're not waiting another 15 years to restart it, if that's even possible.
- darby_nine 2y agoSurely twitter's value isn't in its revenue.... you can make a lot more money openly manipulating public opinion in a socially acceptable manner. See: why rich people buy newspapers.
- gsky 2y agoEven GameStop makes more money than Twitter