• overload@sopuli.xyz
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    2 months ago

    I’d love to see it fail completely. I’m hoping that musk makes it a site that you have to pay a subscription to see anything at all on there so everyone can finally give up on it.

    • gravitas_deficiency@sh.itjust.works
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      2 months ago

      You saw the investor list, right? There’s a LOT of people on there who miiiiight not consider direct financial profitability to be the point of their investment.

      • Wispy2891@lemmy.world
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        2 months ago

        Top shareholders of Twitter include:

        1. Elon Musk (owns 78.7% of the company)
        2. Saudi prince Alwaleed bin Talal (5.7%)
        3. Oracle’s founder Larry Ellison (3.0%)

        WTF they really need to relocate the evil lair in a volcano

      • overload@sopuli.xyz
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        2 months ago

        That’s true, but I’d imagine running a site like twitter actively costs money. If advertisers aren’t paying, who is? Do they go to their investors and ask for money? For how long could Elon personally afford to run Twitter with all of its development costs?