boem@lemmy.world to Technology@lemmy.worldEnglish · 2 years agoSince Elon Musk’s Twitter purchase, firm reportedly lost 72% of its valuearstechnica.comexternal-linkmessage-square75fedilinkarrow-up1712arrow-down133cross-posted to: technology@lemmy.world
arrow-up1679arrow-down1external-linkSince Elon Musk’s Twitter purchase, firm reportedly lost 72% of its valuearstechnica.comboem@lemmy.world to Technology@lemmy.worldEnglish · 2 years agomessage-square75fedilinkcross-posted to: technology@lemmy.world
minus-squareMonomate@lemm.eelinkfedilinkEnglisharrow-up10·2 years agoIf the company’s private, which means its stocks are not tradeable anymore, what’s the point in measuring the company value at this point?
minus-squaregoatsarah@thegoatery.dyndns.orglinkfedilinkarrow-up22arrow-down1·2 years agodeleted by creator
minus-squareikidd@lemmy.worldlinkfedilinkEnglisharrow-up1·2 years agoMeh, the Saudi’s are covering his losses, that’s the deal.
minus-squaregoatsarah@thegoatery.dyndns.orglinkfedilinkarrow-up6arrow-down1·2 years agodeleted by creator
minus-squareSendMePhotos@lemmy.worldlinkfedilinkEnglisharrow-up1·2 years agoWhat do the Saudis gain from this?
minus-squareikidd@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·2 years agoThe end of the weapon that brought on the Arab Spring. They hate Twitter with the power of a thousand suns.
minus-squaresilvercove@lemdro.idlinkfedilinkEnglisharrow-up9·2 years agoBanks who loaned Elon money hold a bunch of Twitter stock. They want to eventually cash out.
minus-squaretech@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·2 years agoCan these measurements be used as losses to offset taxes?
minus-squareruneko@programming.devlinkfedilinkEnglisharrow-up4·2 years agoTypically, losses in one year can be used to offset profits in following years, but not indefinitely… maybe three years tops IIRC. But that would mean the company would have to become very, very profitable profitable, which is doubtful.
minus-squareSeaJ@lemm.eelinkfedilinkEnglisharrow-up7·2 years agoThey changed the rules under the Tax Cut and Jobs Act and losses can be carried forward indefinitely.
minus-squareMarxism-Fennekinism@lemmy.mllinkfedilinkEnglisharrow-up3·2 years agoYup of course they fucking did. Can’t have corporations paying their fair shares after all, that’s a concept as ridiculous as cold fire.
minus-squareSeaJ@lemm.eelinkfedilinkEnglisharrow-up1·2 years agoRegulatory capture is awesome, isn’t it?
minus-squaresneakattack@lemmy.calinkfedilinkEnglisharrow-up3arrow-down1·2 years agoBecause the money still comes from investors even if it’s not publicly traded.
If the company’s private, which means its stocks are not tradeable anymore, what’s the point in measuring the company value at this point?
deleted by creator
Meh, the Saudi’s are covering his losses, that’s the deal.
deleted by creator
What do the Saudis gain from this?
The end of the weapon that brought on the Arab Spring. They hate Twitter with the power of a thousand suns.
Banks who loaned Elon money hold a bunch of Twitter stock. They want to eventually cash out.
Can these measurements be used as losses to offset taxes?
Typically, losses in one year can be used to offset profits in following years, but not indefinitely… maybe three years tops IIRC. But that would mean the company would have to become very, very profitable profitable, which is doubtful.
They changed the rules under the Tax Cut and Jobs Act and losses can be carried forward indefinitely.
Yup of course they fucking did. Can’t have corporations paying their fair shares after all, that’s a concept as ridiculous as cold fire.
TIL, thanks
Regulatory capture is awesome, isn’t it?
Because the money still comes from investors even if it’s not publicly traded.