https://t.me/LibertyOverwatchChannel/6795
Liberty Overwatch, [17.04.22 13:55]
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Twitter’s Share Price Has Languished for a Decade
ZeroHedge trolled Twitter about its dismal return track record on Friday. A company that has netted zero for shareholders since its IPO 9 years ago might not want to be poisoning Elon Musk. Alex Berenson elaborated:
“While investors in other big technology and social media companies have made fortunes, those in Twitter… have not.
Just how bad an investment has Twitter been? If you’d put one dollar in the little bird the day it went public in 2013, you’d have one dollar and eight cents today.
Yes, you would have made more money in a savings account than in buying one of the world’s core social media companies at a time when social media has become the dominant platform for communications, journalism, and advertising worldwide. Worse, before the news that Elon had bought shares, you would have been down.
Maybe turning itself into a woke echo chamber hasn’t been the best business move.”
Sources | ZeroHedge (https://twitter.com/zerohedge/status/1515018721533775876?s=12&t=IW9tetzFHinNJAuyrfTv1A) | Unreported Truths (https://alexberenson.substack.com/p/twitter-tries-to-poison-elon?s=r)
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