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They 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 thei
by rhaway84773 4y ago
They 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.