Hacker News new | ask | show | jobs
by vba616 873 days ago
It sounds like you are arguing that buying Twitter probably had a substantial negative financial impact on Musk. That sounds plausible, but I didn't intend to minimize it.

What I meant was that, aside from sunk costs, keeping the website nominally operational doesn't have to cost any significant amount going forward. Things are now arranged such that admitting defeat vs sinking more money in it are independent options.

Therefore as outsiders, we are unlikely to have useful information about whether it is now a "going concern" if he remains committed to keeping up a facade. It seems opaque, now that it is a members only site run by a private company.