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Twitter auction: Iconic statue of Twitter bird sells for $100,000

  • January 23, 2023
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Twitter hit a new low last week by selling some of its office holdings in an online auction. The auction was part of CEO Elon Musk’s revitalization strategy

Twitter hit a new low last week by selling some of its office holdings in an online auction. The auction was part of CEO Elon Musk’s revitalization strategy that included paid verification, account recovery, changes to rules and regulations, bans on doxing, bans on links to certain other social apps, ending free meals and laying off more than 70% of employees.

The Twitter office space auction was held online on Jan. 17 by Heritage Global Partners, an auction, liquidation and advisory firm. The list included office assets such as furniture, espresso machine, conference table, logos and symbols, including the famous blue bird. regulations. The highest bid was for the Twitter Blue Bird Statue, which sold for $100,000.

A unique 190cm planter box designed in the shape of the @ symbol costs $15,000.
A reclaimed wood conference room desk sells for $10,500
One of the biggest losers was a La Marzocco espresso machine that sold for $30,000 but only brought in $13,500.
And one of the biggest winners was designer Herman Miller’s Eames plywood chair, which sold for $1,195 but not $1,400.
Other assets up for auction include electric charging stations, standing desks, Google Jamboards, designer furniture and more.

Twitter has made headlines several times for its controversial actions, including brutally firing employees without notice and declaring war on Apple and other related companies, after Elon Musk announced last November that the company would cut costs due to financial difficulties.

This caused some advertisers to leave Twitter, which led to a significant drop in revenue. Elon Musk said that Twitter’s financial performance is bad and the company may even go bankrupt. The New York Times also reported in December that the company stopped paying rent for the office space it used. Now Twitter was trying to make some money from this auction sale.

Source: Port Altele

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