this post was submitted on 20 Feb 2024
825 points (91.7% liked)
Technology
59672 readers
4136 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yeh, if he bought twitter for 44B, and there are 400 instances then that is still 110M per instance if he were to do that again.
Even 10% of that amount is more than an instance is worth.
Sales can be made pretty quickly when they are massively overvalued.
Some instances' admins are not so easily bought! I hope, at least.
Meh, I say sell the insurance. It is relatively easy to spin up a new one. Let Elmo waste money.