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Twitter's now on the hook for a $13 billion dollar loan, they've lost advertisers hand over fist and they've now got potential legal issues on the horizon due t
by tjpnz 4y ago
Twitter's now on the hook for a $13 billion dollar loan, they've lost advertisers hand over fist and they've now got potential legal issues on the horizon due to the way some employees were let go. They're worth considerably less now no matter how you look at it.
- 082349872349872 4y agoA recent article suggests the banks writing those loans currently think they're worth at least USD 9 billion, but still less than the original 13: https://www.reuters.com/markets/us/musks-banks-book-twitter-loan-losses-avoid-big-hits-sources-2022-12-14/ https://www.reuters.com/markets/us/musks-banks-book-twitter-...