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Presumably Twitter will be immediately profitable after these layoffs. Enough to cover the interest on the debt? Not sure
by adam_arthur 4y ago
Presumably Twitter will be immediately profitable after these layoffs. Enough to cover the interest on the debt? Not sure
- SkipperCat 4y agoThat maybe takes care of debt servicing, but what about growth? Business exist to grow shareholder value (public or private). Elon needs to solve that puzzle.
- adam_arthur 4y agoIf 50m people pay the 8 dollar a month fee that’s another decent chunk of change. Will be interesting to see how all these rapid fire changes play out over the next few years. I’m not sure the path to growth for Twitter depends on a lot of net new development. More so better monetization of the existing platform, which can largely be done via small tweaks here and there