Domain: tiger-web1.srvr.media3.us Elon tweeted Twitter was losing $4M/day! | Page 2 | Political Talk
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re: Elon tweeted Twitter was losing $4M/day!

Posted on 11/4/22 at 7:06 pm to
Posted by Nono
Member since Nov 2017
4820 posts
Posted on 11/4/22 at 7:06 pm to
Anyone keeping track of how the Twitter employee demands are going?
Posted by TuDog
Boston
Member since Jun 2005
4477 posts
Posted on 11/4/22 at 7:07 pm to
You think he bought it for profits?
Posted by JackieTreehorn
Member since Sep 2013
35537 posts
Posted on 11/4/22 at 7:09 pm to
The government funded Twitter the same way they fund pbs and fricking npr.
Posted by tigerfan 64
in the LP
Member since Sep 2016
6303 posts
Posted on 11/4/22 at 7:09 pm to
quote:

None of that negates the fact he overpaid.

While that may be true, it's his money, his investment and his vision.

And your point certainly doesn't negate my point, which per his investment, he feels very strongly about.
He put his money where his mouth is.
His intentions for constitutional free speech dwarf that of uber rich liberals whose goal is to silence opposing voices.

P.S.- if the uber rich liberals felt so strongly about the sanctity of Twitter and their ability to stifle opposing voices and views,

THEY SHOULD HAVE COUNTER OFFERED THE BOARD WITH A $46B BID.
This post was edited on 11/4/22 at 7:55 pm
Posted by Taxing Authority
Houston
Member since Feb 2010
62927 posts
Posted on 11/4/22 at 7:18 pm to
quote:

None of that negates the fact he overpaid.

Uh huh. You could have bought Apple-the entire company for about $200 million in 1997. Years of loses. Would have a terrible buy, amiright?
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 11/4/22 at 7:20 pm to
Not if you bought it for $200mm. But if you bought something for $44mm when it was worth significantly less you overpaid regardless of future outcomes.
Posted by Taxing Authority
Houston
Member since Feb 2010
62927 posts
Posted on 11/4/22 at 7:23 pm to
quote:

if you bought something for $44mm when it was worth significantly less you overpaid regardless of future outcomes.
So you’re suggesting future worth isn’t a factor in the orice of an asset?

I’m definitely not taking any financial advice from you.
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 11/4/22 at 7:28 pm to
quote:

So you’re suggesting future worth isn’t a factor in the orice of an asset?


If you believe you can make something more valuable do you pay the seller for that? Remind me never to employ you for acquisition consultation!
Posted by captron
Occupied Sillycon Valley
Member since Jul 2018
582 posts
Posted on 11/4/22 at 8:06 pm to
quote:

None of that negates the fact he overpaid.


That's yet to be seen. Time will tell.
Posted by Marquesa
Atlanta
Member since Nov 2020
1867 posts
Posted on 11/4/22 at 8:07 pm to
Run by idealist, no businessmen. Go woke, go broke. He'll fix it.
Posted by Flashback
reading the chicken bones
Member since Apr 2008
8479 posts
Posted on 11/4/22 at 8:13 pm to
I would take 3 months pay if my company offered me.
Posted by roadGator
Member since Feb 2009
156689 posts
Posted on 11/4/22 at 8:29 pm to
You suck way too many dicks.
Posted by NorCali
Member since Feb 2015
1652 posts
Posted on 11/4/22 at 8:37 pm to
quote:

Giving the months severance prevents the lawsuits in California. California has a law that you have to give a 60+ day notice for huge layoffs, or something akin to that.



which is hilarious because some trial lawyer is posting about starting a class action suit based on the 60 day law. Showing she is not the best in the business.
Posted by sparkinator
Lake Claiborne
Member since Dec 2007
5019 posts
Posted on 11/4/22 at 8:39 pm to
Yeah, but with his net worth and the annual profits he receives from his other businesses, this is kind of like a splurge for him. Like a hobby. Or a lake house for you or me. If he likes it, regardless of how much it costs, and he can afford it, then who is to say if he overpayed. He paid what he had to and both the buyer and seller obviously we’re happy with it.
Posted by CommieHater
Member since Oct 2021
1005 posts
Posted on 11/4/22 at 8:50 pm to
quote:

Great purchase.


From the deep thinking mind of a libtard




TRUMP 2024!


Posted by Strannix
C.S.A.
Member since Dec 2012
53400 posts
Posted on 11/4/22 at 8:50 pm to
Solid melt, bookmarked
Posted by Utah Tiger
Palm Beach, FL
Member since Sep 2005
1149 posts
Posted on 11/4/22 at 8:57 pm to
It took Tesla 18 years before they made a profit. Just happened recently.
Posted by BBONDS25
Member since Mar 2008
58494 posts
Posted on 11/4/22 at 9:41 pm to
quote:

If you believe you can make something more valuable do you pay the seller for that?


Absolutely. Forgive me, are you an M&A guy?
Posted by jimmy the leg
Member since Aug 2007
43495 posts
Posted on 11/4/22 at 10:26 pm to
quote:

None of that negates the fact he overpaid.


According to whom? You?

An item is worth what someone is willing to pay for it. As I understand it, he has plans to transform Twitter into something much more encompassing, therefore, (potentially) increasing its value.

Posted by Taxing Authority
Houston
Member since Feb 2010
62927 posts
Posted on 11/4/22 at 10:55 pm to
quote:

If you believe you can make something more valuable do you pay the seller for that?
If that what it takes to get the deal done, absolutely.

quote:

Remind me never to employ you for acquisition consultation!
I doubt you could afford me.
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