"Fidelity is currently valuing X at about $9.4 billion"

I found this funny.

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[–] 21 points 2 years ago (1 child)

I doubt anybody would buy it for a tenth, tbh.

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  • [–] 1 point 2 years ago (1 child)

    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.

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  • [–] 1 point 2 years ago (1 child)

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

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  • [–] -1 points 2 years ago (1 child)

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

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  • [–] 1 point 2 years ago* (1 child)

    FaceBook deleted 6.5 BILLION BOTS IN 2021.

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  • [–] -1 points 2 years ago (1 child)

    Neither Facebook nor Twitter claimed 6.5B unique users.

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