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Revenue below interest due on debts sounds unambiguously insolvent. I've tried to verify this claim and mostly discovered stuff that makes no sense to me. https
by JonChesterfield 3y ago
Revenue below interest due on debts sounds unambiguously insolvent. I've tried to verify this claim and mostly discovered stuff that makes no sense to me. https://www.ft.com/content/25f67d89-2940-43b9-9a42-bfc34d262631 https://www.ft.com/content/25f67d89-2940-43b9-9a42-bfc34d262... is one of the clearer things.
Twitter owes ~$12B from when it was acquired by Elon. Somehow twitter owes this, not Elon. How is that a thing? Twitter put itself ruinously in debt in order to hand over control to someone else.