• 1 Post
  • 116 Comments
Joined 1 year ago
cake
Cake day: July 13th, 2023

help-circle

















  • Wispy2891@lemmy.worldtoMicroblog Memes@lemmy.worldThanks
    link
    fedilink
    English
    arrow-up
    1
    ·
    14 days ago

    On the upside, if we think better, the answer to the question “how much money would Larry Ellison get if he found another sucker willing to buy his Xitter shares?” is $0 as there would be nobody so insane to buy them.

    So that number is the money that he lost for now, if he would be able to sell


  • Wispy2891@lemmy.worldtoMicroblog Memes@lemmy.worldThanks
    link
    fedilink
    English
    arrow-up
    3
    ·
    14 days ago

    Twitter stocks are no longer traded and all the past investors have been paid the meme price or $54.69 or something like that. They all won the lottery as that was an extremely overvalued price

    Unfortunately, the “lost” money is an hypothetical calculation using the current Xitter value and the massive debt that the rat did to purchase Twitter. It’s something like wondering “how much money would Larry Ellison get if he found another sucker willing to buy his Xitter shares?”