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421

https://nitter.net/EdgeCGroup/status/1589040186029387776#m

The company was losing $600 million a quarter. Now it's one of the most profitable in the world.

After Musk took over Twitter, they've added 15 million new users!

https://nitter.net/EdgeCGroup/status/1589040186029387776#m The company was losing $600 million a quarter. Now it's one of the most profitable in the world. After Musk took over Twitter, they've added 15 million new users!

(post is archived)

[–] 1 pt

Bill Gates invested in Apple in the hopes that he could sell more Microsoft Office licenses to companies who wanted to be cool and use Macs. It was $150 million, which was pocket change for MS in 1997.

[–] 2 pts

It wasn’t the money, but that Apple’s iMac took a massive bite out of Microsoft’s desktop market share, that pissed off Gates. He actually was going to the press in those days and openly insulting Jobs and Apple.

[–] 2 pts

Yep. He figured he may as well get as much marketshare as he could. The OS portion would never be his, but he could certainly sell other application packages to Apple users.

[–] 0 pt

He had to. Apple nearly folded, if it did it was a risk of monopoly status and government intervention. He did it to keep the competition alive to prevent that.

[–] 1 pt

Agreed. However, he wanted to keep them on life support, not have them become a major player.