359
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 18 Sep 2023
359 points (100.0% liked)
Technology
37739 readers
555 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
What makes you think he's short on cash? Wealthy people don't store their wealth in cash anyways. The money is tied to the stocks of the companies they're running. That's why he needed to lend the money for twitter too; he doesn't have that kind of cash, but people are willing to borrow it to him because of his wealth.
If you just had read the article you'd see that they have lost 50% of the advertisers and are losing money. This isn't about wanting more money just for the sake of it. No company can exist if their finances are on the negative.
And yet here they are...
What are you saying?