Current:Home > StocksTwitter auctioned off office supplies, including a pizza oven and neon bird sign-VaTradeCoin
Twitter auctioned off office supplies, including a pizza oven and neon bird sign
lotradecoin trading platform reviews View Date:2024-12-25 22:54:39
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! (781)
Related
- 'The Voice' Season 26 finale: Coach Michael Bublé scores victory with Sofronio Vasquez
- Powerball winning numbers for September 9: Jackpot rises to $121 million
- iPhone 16, iPhone 16 Pro, Airpods: What's rumored for 2024 Apple event Monday
- ‘Appalling Figures’: At Least Three Environmental Defenders Killed Per Week in 2023
- Stock market today: Asian shares advance, tracking rally on Wall Street
- Maryland Supreme Court hears arguments on child sex abuse lawsuits
- James Earl Jones Dead at 93: Mark Hamill, LeVar Burton and More Pay Tribute
- Most students in a Georgia school district hit by a shooting will return to class Tuesday
- Dick Van Dyke credits neighbors with saving his life and home during Malibu fire
- Federal criminal trial begins in death of Tyre Nichols with more than 200 potential jurors
Ranking
- Trump taps immigration hard
- Wife of California inmate wins $5.6 million in settlement for strip search
- Surprise! New 70% Off Styles Added to the Lilly Pulitzer Sunshine Sale—Hurry, They’re Selling Out Fast
- Kyle Larson expected to return to Indianapolis 500 for another shot at ‘The Double’ in 2025
- Oregon lawmakers to hold special session on emergency wildfire funding
- Dakota Johnson Thought Energy Drink Celsius Was, Um, a Vitamin—And the Result Is Chaos
- Why Teen Mom’s Catelynn Lowell Thinks Daughter’s Carly Adoptive Parents Feel “Threatened”
- Black Eyed Peas to debut AI member inspired by 'empress' Taylor Swift at Vegas residency
Recommendation
-
Secretly recorded videos are backbone of corruption trial for longest
-
Watch Louisiana tower turn into dust as city demolishes building ravaged by hurricanes
-
Johnny Gaudreau's wife reveals pregnancy with 3rd child at emotional double funeral
-
1 Day Left! Extra 25% Off Nordstrom Clearance + Up to 74% Off Madewell, Free People, Good American & More
-
Woody Allen and Soon
-
Christian McCaffrey injury: Star inactive for 49ers' Week 1 MNF game vs. New York Jets
-
Watch Louisiana tower turn into dust as city demolishes building ravaged by hurricanes
-
Elon Musk says human could reach Mars in 4 years after uncrewed SpaceX Starship trips