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If they reverse Musk's policies, Twitter could return to profitability and paying its debt. Twitter's problem is that if new management does reverse Musk's poli
by lern_too_spel 4y ago
If they reverse Musk's policies, Twitter could return to profitability and paying its debt. Twitter's problem is that if new management does reverse Musk's policies, Musk would just fire them like he did the previous people running the company, costing the company more golden parachutes and leaving it even worse off.
- jacquesm 4y agoPrecisely. As long as Musk owns it I don't see Twitter as salvageable, and even afterwards, you have to wonder who he gave access to the data. Twitter is now a time bomb for any future owner.
- spacemadness 4y agoWasn’t Twitter’s policies prior to Musk essentially a reversal of Musks policies already? Would that really do it on its own?
- hejaodbsidndbd 4y agoYou haven’t been paying attention. Elon has made Twitter’s debt situation so much worth that even if they could do a full reset to what the company was like before he acquired it, they would still be on the fast path to bankruptcy. It has been such a colossally fucking stupid move. He needs to be checked into rehab for his substance abuse before he loses it all.
- mlyle 4y ago> Twitter could return to profitability and paying its debt. Twitter was profitable in 2018-2019, but that was a brief blip and wasn't profitable before or afterwards. And, with a bunch of debt piled on from the acquisition, they need a fair bit of operating profit to cover it.
- lern_too_spel 4y agohttps://www.statista.com/statistics/299119/twitter-net-income-quarterly/ https://www.statista.com/statistics/299119/twitter-net-incom...