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Old 11-07-2022, 14:41   #71
1andrew1
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Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal

Twitter has only made a profit in financial years 2018 and 2020 and has been going since 2010. Unless you have a revolutionary new business model to change it or money to burn, I can't see the case for acquiring it at today's valuations.

If you don't have such a plan, buying Twitter looks like the 21st century equivalent of acquiring a loss-making British newspaper to garner favour and attention from the high and mighty.
https://www.statista.com/statistics/...me-of-twitter/

Last edited by 1andrew1; 11-07-2022 at 14:56.
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