Current:Home > ScamsTwitter auctioned off office supplies, including a pizza oven and neon bird sign-Angel Dreamer Wealth Society D1 Reviews & Insights
Twitter auctioned off office supplies, including a pizza oven and neon bird sign
View Date:2024-12-24 03:29:27
Are you in need of some mid-century modern furniture, industrial kitchen equipment or audio-visual systems? Or looking to brighten up your apartment with a giant neon bird sign?
Then you're in luck. Twitter's San Francisco headquarters auctioned off "surplus corporate office assets" online for a fleeting 27 hours, giving potential lucky bidders the chance to take a piece of the struggling company home with them.
Auction house Global Heritage Partners is running the de facto fire sale, which closed at 10 a.m. PT (1 p.m. ET) on Wednesday and charged a buyer's premium of 18%.
The 631 lots include office supplies like projectors and massive white boards (in both old-school and digital form), kitchen equipment from espresso machines to refrigerators (including a kegerator beer dispenser), a wide variety of chairs and couches and miscellaneous modern-day workplace staples like assorted power adapters and KN95 masks in bulk.
There's also a bit of Twitter-specific memorabilia, including a six-foot-tall "@"-shaped planter sculpture filled with artificial flowers (with a high bid of $8,250), a blue neon sign in the shape of the app's bird logo ($22,500) and a smaller, sturdier bird statue ($20,500).
Other notable items include a pizza oven ($10,000), a conference room-sized booth ($7,250) and several individual soundproof phone booths, packs of high-end desk chairs ($4,900) and sit-stand desks ($900) and two stationary bikes that double as recharging stations ($2,400).
Overall, an eclectic assortment of goods and a jarring sight for those who once used them.
"Weird to see the Twitter office on auction," tweeted Kevin Weil, the company's former senior vice president of product. "Great memories from a different era."
Scott Budman, an NBC News tech and business reporter, pointed out some familiar items: A table where he interviewed former Twitter CEO Jack Dorsey got a bid for $1,000, the espresso machine where former editorial director Karen Wickre offered him coffee is going for $1,700.
"Good luck, I guess," he wrote.
Ross Dove, chief executive of Heritage Global, the parent company of Heritage Global Partners, told the New York Times that more than 20,000 people had registered to bid online — the most of any of the firm's auctions over the last 90 years and a fact he attributes to the public's fascination with Twitter and Musk himself. He estimated that the auction would net Twitter some $1.5 million.
The auction comes at a tough time for the company, which lost many major advertisers — as well as employees, thanks to layoffs and mass resignations — after Elon Musk took over in October and has since sought to aggressively cut costs and raise revenue.
Musk — who has announced his plans to resign as CEO — said in December that the company was "not, like, in the fast lane to bankruptcy anymore."
Still, its financial outlook remains murky, with the New York Times reporting that same month that Twitter had not paid rent for its San Francisco headquarters or any global offices for weeks and was considering denying people severance payments. Employees have also discussed the possibility of selling usernames to make money, the Times reported last week.
This month, Guinness World Records confirmed that Musk had broken the record for largest amount of money lost by one individual. He lost between $180 billion and $200 billion since November 2021, largely due to the poor performance of Tesla stocks in recent years.
Musk remains the second-richest person in the world and, as of this week, is on trial for securities fraud over a series of 2018 tweets teasing a Tesla buyout that never happened.
veryGood! (58334)
Related
- FBI raids New York City apartment of Polymarket CEO Shayne Coplan, reports say
- 'Full circle': Why some high school seniors are going back to school with kindergarten backpacks
- Photos: 'Whole town went and dissolved into ashes,' Hawaii lieutenant governor says
- Slain Ecuador candidate fearlessly took on drug cartels and corruption
- US overdose deaths are down, giving experts hope for an enduring decline
- Kelly Clarkson Switches Lyrics to “Piece By Piece” After Brandon Blackstock Divorce
- Mason Crosby is kicking from boat, everywhere else to remind NFL teams he still has it
- Maui fires death toll rises, Biden asks Congress for more Ukraine aid: 5 Things podcast
- Drone footage captures scope of damage, destruction from deadly Louisville explosion
- Jason Momoa, Olivia Wilde and More Stars Share Devastation Over Maui Wildfire
Ranking
- Prosecutor failed to show that Musk’s $1M-a-day sweepstakes was an illegal lottery, judge says
- Viola Davis Has an Entirely Charming Love Story That You Should Know
- Connecticut school district lost more than $6 million in cyber attack, so far gotten about half back
- This Reversible Amazon Vest Will Be the Staple of Your Fall Wardrobe
- Controversial comedian Shane Gillis announces his 'biggest tour yet'
- Pink baby! Fan goes into labor at Boston concert, walks to hospital to give birth to boy
- Las Vegas police videos show moments before home is raided in Tupac Shakur cold case
- Is this a bank?
Recommendation
-
Chris Martin and Gwyneth Paltrow's Son Moses Martin Reveals His Singing Talents at Concert
-
Target recalls more than 2 million scented candles after reports of glass shattering during use
-
How 1992 Dream Team shaped Dirk Nowitzki, Pau Gasol and Tony Parker on way to Hall of Fame
-
Kyle Richards’ Husband Mauricio Umansky Reacts to Her Steamy New Morgan Wade Video
-
Harriet Tubman posthumously honored as general in Veterans Day ceremony: 'Long overdue'
-
Judge hears from experts to decide whether to block Georgia’s ban on gender-affirming care
-
Conservative groups are challenging corporate efforts to diversify workforce
-
It's #BillionGirlSummer: Taylor, Beyoncé and 'Barbie' made for one epic trifecta