I doubt their goal was to make money.
It’s yet another hole in his wallet… assuming it’s even him paying for it. I’ll say one thing, these troglodytes are good at just not paying for things they owe for. Whether it be fines for putting up an illegal sign, or lawyers and other service-people.
Not from that anyway, he’s parted plenty of his dipshit cult followers from theirs with it though.
Exactly. Socialize the losses via a big faceless corporation, while consolidating the profits via donations. It should honestly be considered embezzlement.
It’s essentially a defederated Mastodon instance. Quite impressive that it can it lose 75 million.
73 million is so much money I wouldn’t know what to do with it in my entire lifetime.
Its ~0.3% of the ~20 billion twitter has lost.
Rich people live in a different universe.
I’d disappear into the hedges and nobody would ever know my name.
Fuck that whole ego stroking “hey I’ve got to start a space tourist business to sell rides to space for other rich narcissist assholes”.
Nope, I’d disappear onto my own island or huge land reserve, and have an army of accountants and lawyers to ensure I remain anonymous to the larger public.
Can someone explain how this website lost millions? Given that this size was not that big, I fail to see how it could cost this much in admin and Server cost. Even some better known commercial shops will hardly hit 5digits in monthly server costs, plus salaries for 1-3 admins and support staff, and maybe advertising costs.
37million sounds like something they pulled out of thin air, maybe for some bookkeeping fraud or tax write off…
I’ve sat for a while meditating on this, and now I come here to share the fruits of my mental labor. The comment I’ve been working on for hours is: lol
I appreciate keeping it short for us. Some comments on here are so long winded sometimes
