1440
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 16 Jul 2023
1440 points (100.0% liked)
Technology
59578 readers
2355 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
Why couldn't he just close it, if that was his goal? He owns it outright doesn't he? He could announce that Twitter was ceasing operations, sell off the remaining assets, cover (or default on) the debts, and then Twitter would be no more.
So no, I don't think destroying it was his aim. He's just really, really bad at this.
But as the richest man in the world, he could cover their stakes. If the goal was to end Twitter, he has the resources to do so without losing anyone else's money.
He didn't need their money, he just wanted it. Worse comes to worst, he can find enough in the couch cushions to cover them.