@mastermind@lemm.ee to

Technology@lemmy.worldEnglish • 2 years ago

Twitter's valuation has been slashed by 47% at Ark Invest since Elon Musk took over

markets.businessinsider.com

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Twitter's valuation has been slashed by 47% at Ark Invest since Elon Musk took over

markets.businessinsider.com

@mastermind@lemm.ee to

Technology@lemmy.worldEnglish • 2 years ago

Elon Musk said over the weekend that Twitter's advertising revenue has fallen by 50% since he bought the company, and that it's not cash flow positive.

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- @THE_STORM_BLADE@lemmy.world
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  The valuation of those companies should be wrapped up in their performance, financials, and future outlook.
  
  Yeahhhhh, about that…

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