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A comment on Tesla engineers were on-site to evaluate the Twitter staff’s code, workers said. Parent comment

Re:Tesla engineers were on-site to evaluate the Twitter staf... by DeathArrow on Sunday October 30, 2022 @03:06AM (#33391944)
>half of me wonders how much Parag could raise to build a new Twitter from scratch

That would probably amount in $0. Twitter wasn't profitable and part of it was its CEO. Why would investors be willing to lose money, especially in the current economic situation?

I would rather wait for Elon to stabilize Twitter and go public again.

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Re:Tesla engineers were on-site to evaluate the Twitter staf... by shapefrog on Sunday October 30, 2022 @04:03AM (#33392251)
> Why would investors be willing to lose money, especially in the current economic situation

A whole bunch of genius investors just bought a company worth $11 billion for $44 billion...

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Re:Tesla engineers were on-site to evaluate the Twitter staf... by IshKebab on Sunday October 30, 2022 @08:26AM (#33393841)
Twitter wasn't too far off profitability. I looked at the numbers and you could definitely get it to profitability by reducing staff numbers and relocating to much cheaper places (literally anywhere except SV).

I think their loss was around $200m/year and staff costs around $300m/year. Something like that. SV salaries are easily double or triple European salaries.

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Re:Tesla engineers were on-site to evaluate the Twitter staf... by Ar-Curunir on Sunday October 30, 2022 @02:58PM (#33397454)
Yet Elon bought Twitter for $44B, with $11B funded by a variety of external partners.
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