• _cryptagion [he/him]@anarchist.nexus
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    2 days ago

    yeah, because it’s bankrolled by one billionaire now, so it doesn’t matter how badly he runs it, as long as he decides to keep it up. it could never make a single dime ever again, and he could run it for as long as he wanted because he makes vastly more than twitter costs.

    back when it was public, if it had lost this many advertisers when it wasn’t profitable to start with, it might have been a very different situation for them. they had to convince investors to keep giving them money back then.