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Why would they file for bankruptcy? Are they out of cash next month?
by lordnacho 4y ago
Why would they file for bankruptcy? Are they out of cash next month?
- rhaway84773 4y agoThey never had large cash piles to begin with. And now they’ve been saddled with debt whose interest is equal to about their annual revenues before 50% of their largest advertisers stopped advertising. And they’ve certainly exposed themselves to massive FCC and EU fines. I think Jan 2023 is way too early, but Twitter has a lot of financial footguns just waiting to go off.