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Why nobody else bought twitter before?
(sh.itjust.works)
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this post was submitted on 16 Feb 2025
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That is true and also applies to Youtube,. However, remember that shareholder mentality is "MONY NAO!!!!! FUCK THE FUTURE". CEOs would have to make a very good case for buying a money sink with very little chance of becoming profitable. Elon bought the company as an individual, so he didn't have to answer to a board of directors or shareholders complaining about reduced quarterly profits