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@MaxKriegerVG tech valuations dropped pretty much immediately after they signed onto it, and also they'd be taking a much smaller haircut if Elon Musk hadn't then immediately started trying to wriggle out of the dealPermalink Look on archive.org
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@MaxKriegerVG but their business model is helping rich people do deals, so... rich man wants to do a deal, they're gonna be there.Look on archive.org
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@MaxKriegerVG like, to be clear, the bet they were making wasn't "will Elon Musk be good at running Twitter", it was "can we resell this debt for as much as we paid for it".Permalink Look on archive.org