It's honestly impressive to me how one of the richest bourgeois fucks on Earth can destroy an app so big as Twitter... what happened to "too big to fail"?
It's honestly impressive to me how one of the richest bourgeois fucks on Earth can destroy an app so big as Twitter... what happened to "too big to fail"?
Somebody posted a paper here a couple days ago. Basically, none of these VC-funded companies ever need to make money. That is not their purpose. As long as the VCs are able to sell their stake for a profit, it doesn't matter what happens to the company. USUALLY it isn't one of the richest men on Earth who individually gets left holding the bag though.
That's what's so funny about the whole situation. In a system stacked so hard in his favor my man still managed to fuck it up.