Warren G. Harding 
If you think it’s horrible one billionaire bought up the public square and killed it, wait until you find out why your city doesn’t have a trolley system
Berend de Boer@popeawesomexiii the public square that was losing $3 million/day?
@berend Citation needed.
@popeawesomexiii LOL, citation needed for a public Q2 2022 earnings report??? https://www.prnewswire.com/news-releases/twitter-announces-second-quarter-2022-results-301591530.html
@berend First, I suppose that depends if you believe Twitter's primary purpose was to make money or not.
Second, it had 400 million active users, and here we are, having this conversation on Mastodon. 🤔
@popeawesomexiii the purpose of a public company is not to make money? That's not a serious statement. And I suspect a lot of Mastodon is supported by the taxpayer.
@berend Twitter is not a public company anymore, perhaps you read the news. Furthermore, siding with the billionaire who wants more money, and not the users trying to inform, educate, and connect— now who’s being silly?
Though your second statement is interesting, EM did use taxpayer money to enrich himself during the Tesla bailout. Mastodon is run by donations. You didn’t even Google the site you’re on, how embarrassing for you.
Max Leibman has moved!@berend @popeawesomexiii A corporation, publicly held or not, can be formed for any legal purpose. It is not under a legal obligation to make money, though that is commonly one of most corporations’ chief aims (and shareholders with voting shares can compel them to try to).
While Twitter was ostensibly a for-profit corporation, I think the spirit of the comment was more that the world received value from the service Twitter provided that far exceeded its losses.