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so besides Musk's general proclivity for chaos, bad management and petty feuds, a big concern with this deal is that it loads Twitter up with so much debt all it's current profits will be needed just to pay down the interest.Permalink Look on archive.org
♻️ 21 Retweets ❤️ 58 Favorites Mood -4 🙁
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so either Musk finds more money to keep pumping into Twitter to keep it afloat, Twitter manages to increase revenue significantly, Twitter manages to decrease costs significantly, or Twitter ends up being owned by the banks that backed the dealLook on archive.org
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if you would like to read about the financial structure of the deal, i would point you to today's Money Stuff bloomberg.com/opinion/articles/2022-04-25/elon-closes-in namely Elon has about $33bn of his own money on the linePermalink Look on archive.org
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what i am saying is: let's think big @CanisOxide/1518587984869662720Permalink Look on archive.org