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Fidelity has downgraded their Twitter debt at lest twice now. From $8.63b in November to $7.8b in January, to $6.55b in April. I don’t think all of his choice
by flutas 3y ago
Fidelity has downgraded their Twitter debt at lest twice now.
From $8.63b in November to $7.8b in January, to $6.55b in April.
I don’t think all of his choices are bad (headcount reduction as an example, but I think he went overboard with it), but there are numbers that back it up somewhat.
[0]: https://www.reuters.com/technology/fidelity-marks-down-value-twitter-stake-again-2023-05-30/ https://www.reuters.com/technology/fidelity-marks-down-value...