Comment on Could X go bankrupt under Elon Musk?

• zeppo@lemmy.world ⁨11⁩ ⁨months⁩ ago

  There’s still plenty of value for someone in the activity data, user list, and archive of text.

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  • DogMuffins@discuss.tchncs.de ⁨11⁩ ⁨months⁩ ago

    There may be other revenue streams but not enough to cover costs.

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    • zeppo@lemmy.world ⁨11⁩ ⁨months⁩ ago

      Sure, I just mean that the business still has valuable assets and could be sold for… something.

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      • DogMuffins@discuss.tchncs.de ⁨11⁩ ⁨months⁩ ago

        I guess you’re technically correct but I think the assertion is based on a misconception, as though xitter could be gutted and sold for it’s constituent parts.

        Like imagine someone bought a house for $1m, and then lived there for a year and their dog shat on the living room carpet every day. You wouldn’t say “oh well it still has some value because you could sell the copper wiring for something.”

        Yes you could sell the copper wiring, but it’s worth far more where it is - you just need to change the carpet and then the property would return to something approaching it’s former glory.

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