this post was submitted on 10 Jan 2024
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Something that I feel needs to be reiterated with all of these "news" pieces - the "71% drop" everyone is touting is from the stupidly high price Musk bought Twitter for that only ever represented his desire to flex, not the value held by the site itself. Even Musk knew it wasn't worth that much and tried desperately to get out of the deal himself.
Which only means he double fucked himself from the start, not that everyone else is wrong for laughing at him
By all means, laugh away. He deserves to be mocked endlessly. I just appreciate accuracy/clarity.
Accuracy of what, your subjective opinion of Twitter’s value?