5 ms·
> I think he'll make it. On what basis? Elon needs cash flow to pay the loans he took to buy Twitter. Banks don’t give a shit about politics, or mission, or
by chronic94038 4y ago
> I think he'll make it.
On what basis?
Elon needs cash flow to pay the loans he took to buy Twitter.
Banks don’t give a shit about politics, or mission, or popularity. Banks care about cash flow.
Fact: advertisers (read: cash flow) are leaving Twitter. How will Elon pay off his loans?
- UweSchmidt 4y agoIt seems that he has about $200 Billion left, so I wouldn't worry too much about loans. https://www.forbes.com/profile/elon-musk/?sh=1b1e26227999 https://www.forbes.com/profile/elon-musk/?sh=1b1e26227999
- DesiLurker 4y agoSo you are suggesting He'll pay from his personal coffers? by selling tesla stock? thats not bad at all.
- UweSchmidt 4y agoWhat else to spend money on, than to ... influence Western culture and thought? If you only have a few billion you can buy a sports team, but if you have a few hundred, and still your youthful energy, what else could you do?
- DesiLurker 4y agowell if thats all he wanted to do than sure he could do it with his pile of money but that (would) makes twitter a failed business as far as the rest of us are concerned. thats clearly not what his claim was on before & after the purchase. not to mention its highly disingenuous to claim that you just want free speech and then try to boot the speech you dont agree with. Also, I'd argue there are better/efficient ways to influence western thought. you just have to look at some other billionaires like Koch brothers to see how its done, if you have any doubts read the book titled 'dark money' by Jane Meyer.