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While this is a valid solution, Twitter has to go into bankruptcy first for this to happen. One of the challenges of being a publicly traded company is that the
by sfifs 10y ago
While this is a valid solution, Twitter has to go into bankruptcy first for this to happen. One of the challenges of being a publicly traded company is that these types of creative financing through equity can't happen quickly.
- JumpCrisscross 10y ago> Twitter has to go into bankruptcy first Not necessarily. It just needs to shave off about 90% of its market cap. That means management gets fired and the Board replaced; they don't want that. [1] https://news.ycombinator.com/item?id=12710784 https://news.ycombinator.com/item?id=12710784