Givesomefucks@reddthat.comtoTechnology@beehaw.org•Will Elon Lose Control of Twitter?English
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1 year agoThere was escrow fail-safes.
If they didn’t pay, there was funds sitting there to avoid downtime.
Took a while to burn through them, then they never got replenished.
Because the building was an asset during the sale…
On paper it was “smart” to have it there because it was a tangible asset. Long term it was a waste of money, but canceling would have been worse before the sale because it would have been an immediate loss affecting the price.
Just kicking the can down the road