3 ms·
I think we shouldn't oversubscribe twitter's failures here. If "normal" vultures had come in and done layoffs Twitter would be in a very good situation. The pro
by rtpg 4y ago
I think we shouldn't oversubscribe twitter's failures here. If "normal" vultures had come in and done layoffs Twitter would be in a very good situation. The problem with Twitter's financials now is that it was a leveraged buyout (so now their debt obligations are much higher than they were 12 months ago), and on top of that everything is happening in order to make it toxic to advertisers.
Even before the purchase Twitter was getting to profitability quite comfortably!