Twitter: Who paid $100,000 for an old Twitter logo statue in Elon Musk’s auction?

author
3 minutes, 13 seconds Read

The online auction opened on Tuesday morning, and by the afternoon, bidding was at $12,000 for the statue. Bids started at between $25 and $50 for all items.

The identity of the big-ticket buyer is unknown, as Heritage Global Partners, which is running the auction, declined to comment or share information about the buyers or bidding prices.

Hundreds of items are being sold in Twitter’s fire sale of surplus office supplies. The items are being auctioned off by Heritage Global Partners.

See More On Entrepreneurs…

A spokesperson for the firm, which sells surplus and distressed assets, previously told Fortune that the Twitter auction “has nothing to do with their financial position” and that “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.”

Meanwhile, Twitter CEO Elon Musk has made changes to the company since he acquired it for $44 billion last October. He almost immediately started cutting expenses by firing thousands of Twitter employees, and discontinuing the company’s free lunches and other company perks.

A larger neon version of the Twitter logo sold for $40,000 at the auction, according to SFGate. The two Twitter birds caused a last-minute bidding war, SFGate reported, with the bid for the statue tripling in the hour before bidding closed. Leading up to the end, both birds were above $30,000.

Other items in the sale include phone charging bikes, industrial kitchen equipment like pizza ovens, and iMac monitors.

HGP declined to comment on the bid prices for the Twitter logo statue and other items.

Twitter: Futhermore-

For more than 50 years, what’s now known as the World Economic Forum (WEF) has taken place in Davos, and every year, the Grandhotel Belvdre has hosted WEF guests. Bill Clinton stayed at this hotel at some point. Angela Merkel, Michael Dell, Bill Gates — you name it, they’ve been here.

I became the general manager of the Grandhotel Belvdre in November 2021, so I’ve only seen the 2022 WEF, which was moved from January to May. This year, the WEF is expecting nearly 3,000 participants.

Last year’s forum didn’t have quite the same energy, so we’re happy to have the real Economic Forum back after such a long break. Besides the assembly itself, there are many side events taking place around Davos. This is why there’s a lot of construction going on around both the city and the hotel. Luckily, we don’t have much snow right now, and that makes it easier to prepare.

The hotel is now exclusively open for all the important guests coming from around the world to attend the WEF from January 2 until January 28.  We emptied almost half of the hotel in order to set up for all of the events and prepare for the guests.

During the WEF, no one will have access to the hotel without their badge. We have X-ray machines and metal detectors, and each and every person has to go through these to enter the building. It’s almost like an airport.

Davos itself is like a military zone, where you have limited access and everything is cordoned off. There are several security checkpoints that visitors have to pass through to get to the main street in Davos. That area, about 300 or 400 meters, is strictly blocked off, and you’re not allowed to enter unless you have a badge.

Of course, there are a lot of police officers inside and outside of Davos, plus we have thousands of security people and army members making sure this event is safe and secure.

We’ve added an additional 150 employees — and that doesn’t include about 100 construction workers around the hotel. It looks like a very busy construction site, but you’ll see the same thing all along the main road in Davos.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *