4 ms·
This would be a laudable direction to take the company towards ... ... if he didn't start by putting $12.5 billions of debt on the balance sheet after the buyo
by bhaak 4y ago
This would be a laudable direction to take the company towards ...
... if he didn't start by putting $12.5 billions of debt on the balance sheet after the buyout.
Which means that Twitter has to pay $1 billion of interest each year which it didn't have to do before that hostile takeover.
How many people would need to buy Twitter Blue to offset the interest alone? ~~125 million users which is about a third of its whole active user base~~ 10 million which is about 3% of their active user base (I can't do maths, thanks supermatt, luckily I'm good looking and can program).
- ed_elliott_asc 4y agoJust to pay off the interest? Ouch ouch ouch
- supermatt 4y ago1bn / $8/m (excluding costs, etc) / 12 months = ~ 10m