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It is important to know that despite its prominence TikTok loses billions of dollars and tweaking algorithms lays havoc to your ad sales. Oracle is gonna destroy this thing and it’s going to combine with the data center debt and consume it whole www.theinformation.com/articles/tik...

You may think that Larry Ellison has Elon musk money. He sort of does! But it’s all tied to Oracle stock and he’s tied $58bn in loans and $248bn in lease obligations to it. It’s like the dumbest possible way to do what Elon did in a more expensive and existential way

so, if, theoretically, oracle crashed and went to zero, would he be ultrafucked financially as a person or would he just skate away like all the billionaires do every time

What do you think?