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Twitter is auctioning off the relics of its buzzy startup era

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Twitter is auctioning off the relics of its buzzy startup era


Public sale gadgets should be picked up from Twitter HQ.
Picture: Justin Sullivan (Getty Pictures)

Twitter has put up for public sale lots of of “surplus” items from its company headquarters.

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The bidding for the greater than 631 gadgets, which embody heavy-duty kitchen gear, electronics, furnishings, and extra, begins on Jan. 17 at 7pm.

Auctioneer Heritage World Companions (HGP) has put the beginning bids for many gadgets, a few of which initially retailed for 1000’s of {dollars}, at both $25 or $50.

What’s on sale on the Twitter public sale?

A number of gadgets may come in useful for startups wanting so as to add a buzz to their headquarters—and even simply eating places.

Contemplate the large industrial fridges, expensive kegerators which dispense beer, rotisserie ovens that may roast 24 entire chickens at a time, pizza ovens, and the vegetable dryers with an enormous 20 gallon capability. And let’s not overlook the $10,000 industry-grade coffee machines—a steal.

Another gadgets listed at throwaway costs are much less interesting, as an illustration an outdated iMac or earlier generations of $4,000 bicycle-powered USB chargers. These might appear like a cut price however might not final or be straightforward to restore. Particularly for the reason that gadgets on sale include no guarantee.

One other batch of things, together with emblem statuettes and neon Twitter chicken gentle electrical show are extra Twitter-specific and should pique the curiosity of devoted followers. An enormous “@”-shaped planter is a putting however extra generic memento that would slot in effectively at virtually any tech workplace.

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Is Twitter promoting workplace gadgets to generate income?

Twitter’s monetary place isn’t essentially the most sound. The corporate is going through a lawsuit over greater than $136,000 unpaid lease on the California Avenue workplace in San Francisco. To finance the corporate’s $44 billion buy, Musk offered thousands and thousands of Tesla shares and misplaced his standing because the world’s richest man.

Within the quest to save lots of and generate income for the platform, Musk displayed an erratic management type, together with abrupt layoffs and technique pivots on verifications and subscriptions, which led some advertisers to depart the platform, additional hurting its backside line. Musk has claimed he’d be prepared to surrender the CEO chair, ought to he discover somebody “silly sufficient” to take the job.

However the public sale “has nothing to do with [the company’s] monetary place,” auctioneer HGP advised Fortune final month. It’s possible only a solution to filter out some heavy-duty gadgets now that lower than half the workforce stays on the firm. Anyway, promoting couches and low machines would hardly make a dent in Twitter’s funds.

Quotable: Twitter’s public sale is extra spring-cleaning than fundraising

“They’ve [Twitter] offered for $44 billion, and we’re promoting a few chairs and desks and computer systems. So if anybody genuinely thinks that the income from promoting a pair computer systems and chairs can pay for the mountain there, then they’re a moron.” —A spokesperson for Twitter’s public sale associate HGP in an interview with Fortune . 

Who can bid on the Twitter public sale?

Not everybody can take part within the bidding. Solely a registered purchaser who “acts for a enterprise and never for shopper transactions” is eligible to bid within the Twitter public sale.

The public sale will conclude at 10am on Jan. 18, and patrons will then have 48 hours to make the fee. On high of the quantity they bid, patrons must pay an 8.63% “VAT on hammer” (the promoting worth introduced) in addition to an 18% “purchaser’s premium.”

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Essential observe: Decide up from Market Avenue, San Francisco

Bidders might want to prepare a decide up from Twitter’s headquarters—1355 Market Avenue, San Francisco. Whereas HGP will assist get most gadgets to the loading space, patrons have to rearrange their very own delivery. And for larger gadgets, individuals will “want to rent Juniors Source Company. Juniors is the one firm allowed contained in the Twitter facility.”

The removals should be accomplished between Jan. 23 and Feb. 3. On weekdays, collections will be scheduled between 9am and 4pm and on Saturday, between 9am to 2pm. On Sundays, the lot will probably be closed.

Failure to pay for the merchandise will end in default. HGP can then re-market and resell the merchandise. And the bidder who backed out should pay damages—20% of the bill worth of the merchandise(s) or the total quantity of the distinction between the unique bill worth and the re-sold worth plus any bills incurred to re-market or re-sell this stuff. Those that pay however don’t gather the gadgets by the ultimate elimination date should cowl the bills incurred to retailer or transport gadgets till they’re re-sold.





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San Francisco, CA

''Everything Is Mega Cheap'': Entrepreneur Shares Perks Of Living In Bengaluru Over San Francisco

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''Everything Is Mega Cheap'': Entrepreneur Shares Perks Of Living In Bengaluru Over San Francisco


Mr Gambhir talkedabout the city’s affordability by highlighting the lower cost of living in Bengaluru

If you are an active social media user, you must have come across several posts debating the merits and the demerits of Delhi, Mumbai and Bengaluru. The three metropolitan cities each have a loyal fan base, and tweets discussing their livability often go viral. Recently, an Indian-origin entrepreneur took to X to draw parallels between Bengaluru and San Francisco. In a detailed thread, Hardeep Gambhir, founder of The Residency, shared several aspects of Bengaluru that matched with San Francisco. 

Mr Gambhir noted that he returned to India after seven years of living in the San Francisco Bay Area.  Upon landing at Bengaluru’s Kempegowda International Airport, he noticed the efficient ‘Uber Zone’ system that eliminated waiting time. 

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”Instead of booking an Uber and finding it, you simply book an Uber and go to the first car in the queue of cars, tell your PIN to the driver and off you go to your destination. No waiting time,” he wrote.

He was also surprised when an auto-rickshaw driver replied in English. ”I was expecting to speak a bit of Hindi here this summer and surprisingly when I first spoke Hindi to an Auto-rickshaw driver, I got replies from him in English. Turns out Bangalore is the city with English as the most spoken language in India. I was so surprised by this,” he added.

The entrepreneur highlighted Bengaluru’s vibrant startup ecosystem by comparing HSR Layout to San Francisco’s Hayes Valley. He also praised Bengaluru’s quick commerce services like Swiggy Instamart, which he likened to “Walmart delivery in 4 to 7 minutes, available 24×7.” 

The entrepreneur then mentioned low carrier charges in India and the availability of mobility services like Yulu electric bikes, which he likened to San Francisco’s Lime, Veo and Baywheels bikes.

Mr Gambhir also talked about the city’s affordability by highlighting the significantly lower cost of living in Bengaluru compared to San Francisco. He further praised the city’s amazing weather, but mentioned the two things he didn’t like– ”mosquitoes and ridiculous security deposits for renting.”

I highly recommend for someone curious about another country’s startup ecosystem like SF to come visit here. Also, the e-visa should take 3-5 days to get fully remote. Oh, not to mention. Uber is shit cheap,” he concluded. 

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49ers overrated per same writer who believes they lost offseason

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49ers overrated per same writer who believes they lost offseason


There’s a particular writer at the Athletic who isn’t a believer in the 2024 San Francisco 49ers.

After naming the 49ers an offseason loser because they lost Arik Armstead and Javon Kinlaw, and hired a new defensive coordinator, Mike Jones of the Athletic listed San Francisco among the overrated teams heading into this NFL season.

Again, Jones focuses heavily on the losses on the defensive line:

Kyle Shanahan always gives them a chance, and Brock Purdy again has a talented supporting cast, although Brandon Aiyuk faces an uncertain future. Questions loom over the defense, however, with first-year coordinator Nick Sorensen directing a unit that lost Arik Armstead and Javon Kinlaw to free agency and must deal with the extended absence of Dre Greenlaw, who is recovering from Achilles surgery. The 49ers hope to put another heartbreaking Super Bowl defeat in the past and make another run at a ring, but doing so could prove more challenging than many expect.

It’s worth noting the 49ers replaced Armstead and Kinlaw with Maliek Collins and Jordan Elliott. The fixation on Kinlaw is interesting given the defensive tackle’s general lack of effectiveness last season, but it wouldn’t be Earth-shattering if Elliott was a better rotational DT option for San Francisco this season. Whether Collins and others can replace Armstead in the aggregate remains to be seen and is certainly a sizable question mark for the 49ers to answer this year.

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The Greenlaw absence is also a pretty significant blow. San Francisco signed former All-Pro De’Vondre Campbell to replace him. Second-year LBs Dee Winters and Jalen Graham could also be in the mix to start at Will LB, but none of those three are liable to be as effective as Greenlaw is.

Alas, calling the 49ers ‘overrated’ when they were a couple plays from winning the Super Bowl last year seems like a stretch based on the reasoning listed. After all, both Pro Football Focus and ESPN agree San Francisco has the best roster in the NFL.

A better argument would focus more heavily on the 49ers’ offensive line which they made only marginal moves to improve this offseason. There’s a case to be made they could conceivably be worse on the offensive front which would certainly have an impact on Purdy. Last year in his first full season as a starter Purdy had pretty good turnover luck which could wind up coming back to bite him and the 49ers this season.

There are also some questions in the secondary with uncertainty about who will start in nickel packages with cornerbacks Deommodore Lenoir and Charvarius Ward. Strong safety Talanoa Hufanga is coming back from an ACL tear which leaves a question mark about whether he’ll return to All-Pro form, and second-year safety Ji’Ayir Brown is an unproven commodity who figures to start alongside Hufanga.

Those are a lot of hurdles for Sorensen to clear in his first season as a defensive coordinator, which are much bigger reasons to have concerns than just the losses of Armstead and Kinlaw.

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Injury luck was also, for the most part, on the 49ers’ side last season. They had the injuries to Hufanga in Week 11 and to Greenlaw during the Super Bowl, but outside of that they avoided major injuries and were relatively healthy going into the final game of the season. It wouldn’t be irrational if a person wanted to bet against injury luck for them again in 2024.

For now though on paper the 49ers figure to field one of the best teams in the NFL. Whether they can be just the second team since the turn of the century to return to the Super Bowl after losing it remains to be seen, but saying they’re ‘overrated’ for the reasons listed in the Athletic feels a tad off base.



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Blake Snell Hints That San Francisco Giants Are Rushing Him Back

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Blake Snell Hints That San Francisco Giants Are Rushing Him Back


The San Francisco Giants are in desperate need of pitching help.

They have been completely decimated by injuries, forcing them to use a plethora of different starting options and overwork their bullpen, something manager Bob Melvin has stated his concerns about.

Knowing they needed another option in their relief unit, they called up a top performer from their Triple-A affiliate to come in and give their current arms some much needed help.

The Giants are also hoping their injured starters can make their returns soon.

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Robbie Ray sounds like he is progressing well after putting together a good outing in his rehab stint. Blake Snell also was able to make an outing in the minors, although that didn’t go quite as expected when he was charged with two earned runs on three hits and three walks during 1.1 innings of work.

San Francisco brought in the reigning NL Cy Young winner to become the ace of their staff alongside Logan Webb. The idea was these two would be able to stabilize their rotation in front of some exciting backend starters before their players on the IL were ready to return.

That has not been the case.

The Giants desperately need Snell back and performing to an elite level.

But as the left-hander works his way back from his groin strain, it sounds like he’s not too pleased with how fast he is being pushed to getting back onto the Major League mound.

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“I haven’t felt like myself yet. It’s just, ‘We need you. We need you. We need you.’ It’s not like, ‘Let’s get him right,’ and I have to deal with it,” he said according to Shayna Rubin of The San Francisco Chronicle.

That is quite the explosive quote.

Snell had previously voiced his frustration about going on the injured list for the second time this season, but to seemingly take a shot at the organization for wanting back on the field is certainly eye-opening.

“I want to be healthy and 100% and I haven’t been. I’ve just been fighting to rush back. So that’s my take. I’m frustrated with that. And you don’t get the product of what I should be and it’s just frustrating. I want to go out there and dominate and pitch the way that I pitch but it’s more important that I’m out there,” he added.

When the veteran star has been on the field, it hasn’t quite gone smoothly.

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In six starts, he has posted an 0-3 record and 9.51 ERA.

At the beginning, his struggles were understood as he signed so late in the process that he wasn’t able to get a full ramp up period in Spring Training. Then, he got injured and started the cycle of trying to get back to health.

It’s understandable why Snell would be so frustrated. He was brought in to be a difference maker for his new team and he’s been anything but that.

These comments certainly won’t help anything, though.

It will be interesting to see what develops following this statement.

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