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Big brands keep dropping X over antisemitism; $75M loss, report estimates (arstechnica.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 18 points 1 year ago (1 children)

So little?

[–] [email protected] 16 points 1 year ago* (last edited 1 year ago) (1 children)

I’m not a financial expert, but let me give my take:

Its value as a company is largely an imaginary idea. It was never worth what Musk paid for it, but it still had a remarkably high valuation based on its actual expenses and revenue.

I don’t know what the real numbers are, the revenue, expenses, assets and liabilities.

I would be shocked if a $75m loss of revenue was something they could easily shrug off.

[–] [email protected] 1 points 1 year ago

I could, but it'd involve being legally dead