270
X drops headlines from articles, as new report details its bleeding ad revenue
(www.marketwatch.com)
this post was submitted on 05 Oct 2023
270 points (79.3% liked)
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I’ve seen estimates that put the loss of value of the company itself since Elon took over at something like 90%. If that’s anywhere even close to accurate… impressive. Most impressive.
Since Twitter is now private, we'll never know the real numbers, but the paper value of the Twitter brand itself being cast aside is a huge non-monetary loss.
Twitter always was private and profit-driven.
Don't mix private vs gov entity with private ownership vs ownership shares open for purchase top the public
You forget about NG-NPOs. Linux Foundation is NG-NPO, FSF is NG-NPO.