“Fidelity is currently valuing X at about $9.4 billion”

I found this funny.

  • @UnderpantsWeevil
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    13 months ago

    I’m confident you could unload the property for $4B easily enough. That’s somewhere in the neighborhood of $10-100/unique user amortized out over the life of the loan, which would be a steal via any other advertising medium.

    Twitter still has real value. Hundreds of millions of people still use it, even in its deplorable state. And under new management, I’m confident people would flood back in.

    • @finitebanjo
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      13 months ago

      You would have to prove that the hundreds of millions who use it are “people”.

      • @UnderpantsWeevil
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        -13 months ago

        Empty Internet Theory is a clever joke, but it doesn’t hold up under scrutiny.

        • @finitebanjo
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          3 months ago

          FaceBook deleted 6.5 BILLION BOTS IN 2021.

          • @UnderpantsWeevil
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            -13 months ago

            Neither Facebook nor Twitter claimed 6.5B unique users.

              • @LwL
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                13 months ago

                They can delete 6.5 billion accounts without claiming they are active users.