3 ms·

> No one wants the job who can actually keep Twitter alive. There is no successor. https://twitter.com/elonmusk/status/1604628761395138561?s=46&t=kzukDiwM4jXaZ

• deleted 4y ago
  [deleted]
• bee_rider 4y ago
  He’s probably right, right? When was Twitter profitable, and was it profitable enough to pay for his leveraged buyout?
  • zimpenfish 4y ago
    > When was Twitter profitable Technically, 2021 - they made a loss of $220M but that was down to an $800M legal settlement which means they were -technically- at a profit of $580M. > was it profitable enough to pay for his leveraged buyout? Just over halfway to servicing the debt.
  • ssnistfajen 4y ago
    The thing is this didn't have to be his bomb to hold in the first place. He made what appeared to be an impulsive decision to offer an overpriced acquisition deal and waived due diligence leading him trapped in a position he couldn't back out of without consequences.
  • enkid 4y ago
    It seems like an awful idea to say it out loud though, right?