3 ms·
Since the company is privately held, I'm not sure what market cap has to do with it. This is entirely about debt and profitability.
by amanaplanacanal 4y ago
Since the company is privately held, I'm not sure what market cap has to do with it. This is entirely about debt and profitability.
- dclusin 4y agoMarket cap of pre-acquisition twitter is why the company is drowning in so much debt. Had he timed his acquisition better perhaps it would have been more sustainable. Its market value collapsed a few months after he made his acquisition offer. Ergo less debt.