Oluwanifemi Ojo
Twitter has sold its famous bird statue for $100,000 (£81,000) at the just concluded auction for hundreds of items at the company’s San Francisco HQ.
Of all items sold at the auction, the bird statue was the most expensive at the auction.
Meanwhile, online viewers have noted Twitter’s used office items were sold higher than their market values.
Elon Musk was said to have downsized by half the company’s staff of about 7500 when he took over in late October. In addition, he cut down many of the perks received by Twitter’s members of staff.
Although, the auction’s administrator, Heritage Global Partners has not published the final revenue from all sales, BBC has estimated the total sales by collating the several prices of items.
Some of the other items sold are: the shape of an @ symbol, a custom reclaimed wood conference room table, Twitter’s former coffee bar, Polycom conference call speaker phones, and many more.
Having recalled Mr Musk’s tweet that the company had experienced “massive drop in revenue” resulting from the withdrawal of several advertisement. He also exclaimed
the tendency of the firm to go bankrupt.
Twitter’s landlord is suing Twitter for non payment of office rent at their San Francisco HQ. This non-payment is also happening in their other offices around the globe.
A representative of Heritage Global Partners, their auction administrator, Nick Dove, told Fortune magazine the sale is not related to gathering costs for the $44bn purchase.
He says, “If anyone genuinely thinks that the revenue from selling a couple computers and chairs will pay for the mountain there, then they’re a moron,”