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Based on this Reuters article[0], it was more around $5.3B, but they were only losing 200M/yr. > It's not clear how much of the $5.29 billion debt Twitter had
by judge2020 4y ago
Based on this Reuters article[0], it was more around $5.3B, but they were only losing 200M/yr.
> It's not clear how much of the $5.29 billion debt Twitter had before the acquisition was refinanced or remained with the company. It's also not clear how much of the $2.7 billion in cash that Twitter held as of the end of June it got to keep once it went private.
0: https://www.reuters.com/markets/deals/twitters-massive-revenue-drop-adds-heavy-debt-burden-2022-11-07/ https://www.reuters.com/markets/deals/twitters-massive-reven...
- _jal 4y agoAh, thanks for the correction.