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Twitter Turning Into X Is Set to Kill Billions in Brand Value(www.bnnbloomberg.ca)

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Navarian@lemm.ee
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An estimated $4 to $20 billion in value, what is he thinking?

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norbert@kbin.social
8 points

That’s why Jack Dorsey jumped on it. Why spend all your time and energy maintaining a completed project when you can take $44 billion and explore other, new projects…

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iAmTheTot@kbin.social
6 points

Jack Dorsey did not make that decision. The company had a board that made the decision.

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Moonrise2473@feddit.it
4 points

The board members they all loved a golden parachute with a valuation like that

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Very_Bad_Janet@kbin.social
1 point

But he did convince both Musk and the board that Musk would be the right buyer. He helped orchestrate this deal.

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squiblet@kbin.social
2 points

Dorsey was eager to sell in part because he knew the price was ridiculously high.

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