• BananaTrifleViolin@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    ·
    8 months ago

    Makes sense from a business point of view. Why sell to create a new competitor with the same technology and an impregnable market base in the USA?

    Better to force US competition to start from scratch.

    • OldWoodFrame@lemm.ee
      link
      fedilink
      English
      arrow-up
      0
      ·
      8 months ago

      For money. Whoever buys it has to pay you for it. Shutting down just means leaving a gaping hole in American social media that some other company will fill and you’ll be in the same position but with less money.

      • FiniteBanjo@lemmy.today
        link
        fedilink
        English
        arrow-up
        0
        ·
        8 months ago

        Yeah I agree, there really is no incentive for a for-profit company to choose shutting down over selling. Unless they never cared about profit and had ulterior motives from the very beginning.