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For shares in a company that might rocket to the moon?
by Andys 4y ago
For shares in a company that might rocket to the moon?
- joshstrange 4y agoHow did they handle shares? I thought they just paid them out (or were going to) but it's not a public company anymore. I mean I guess you could still have shares internally if they wanted to go public again...
- neaden 4y agoIt's a private company now, I don't believe any Twitter employees are getting any equity.
- Andys 4y agoI saw it mentioned somewhere that he's planning to offer some kind of share bonus similar to SpaceX.
- drenner 4y agoIgnoring the fact that it's a private company now with no publicly traded shares, Twitter loses $4 million per day. Before the buyout, most of its revenue (> 90%) based on ads. But now advertisers are leaving the site en masse and there's no real plan to replace that lost revenue, let alone make the company profitable.
- more_corn 4y agoAlso the leveraged buyout saddles twitter with debt. It coats $1B/yr to service (interest). I don’t see a light at the end of the tunnel, but I hear a train.