• Tilgare@lemmy.world
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    1 year ago

    For that to be true, it would have needed to be worth $44B in the first place, which it absolutely was not. But there is no doubt that his mismanagement has tanked the value of the investment. He’s a narcissist so never see it that way, but the whole rest of the world knows that.

    • Kage520@lemmy.world
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      1 year ago

      As a business? Probably not worth that valuation. As a propaganda machine to be able to influence a decent percentage of the population? I think it was.

      • ozymandias117@lemmy.world
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        1 year ago

        Only because larger media outlets use it as “news”

        Twitter has always been one of the smaller “social media” giants

      • niisyth@lemmy.ca
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        1 year ago

        AFAIK he had to be sued into buying it once he tried to weasel out of the deal. So it wasn’t for lack of trying definitely 😂😂😂

        • blady_blah@lemmy.world
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          1 year ago

          There was a clause in the contract that said if he backed out he would have to pay $1 billion. Who knew that would actually have saved him way more to exercise that clause.