Re:Twitter has officially changed its logo to ‘X’
by kaba0 on Monday July 24, 2023 @08:56AM
(#36847238)
They sold their company at a very good price, much higher than its actual worth. That’s hardly a dumb business decision. They will also have a good track record on management, given how much better twitter were under their control.
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Re:Twitter has officially changed its logo to ‘X’
by mcphage on Monday July 24, 2023 @09:25AM
(#36847630)
> They sold their company at a very good price, much higher than its actual worth.
Yeah, I get that, but in doing so destroyed a thing that lots of people found value in. So yeah, they made more money than the thing was worth, great business decision, but I'm not willing to award "this nice thing is worth more as scrap than it is on its own right now" as being called "smart".
Re:Twitter has officially changed its logo to ‘X’
by stevenwliao on Monday July 24, 2023 @02:23PM
(#36852248)
If someone wanted to buy your house for three times its market value and their grand plan was to turn it into lumber, would the smart move be to decline?
Re:Twitter has officially changed its logo to ‘X’
by mcphage on Monday July 24, 2023 @02:50PM
(#36852629)
Probably, yeah. For starters, my family likes our house, and we're not really looking to move right now. Like, I'd end up with more money (which is good!) but an angry wife (which is not!).
Re:Twitter has officially changed its logo to ‘X’
by kaba0 on Tuesday July 25, 2023 @07:37AM
(#36860829)
Depending on the people involved, a company can be much less personal.
Re:Twitter has officially changed its logo to ‘X’
by mcphage on Tuesday July 25, 2023 @04:45PM
(#36869194)
As a followup to my previous comment—we've lived in this house for over 13 years, and own it outright. If we had lived here only a few years, and had no real equity in the house, that would probably change the equation considerably.