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Buying Twitter at the price he bought it at made no sense once the market turned. It would have made financial sense to structure the deal in a way that it was
by bathtub365 3y ago
Buying Twitter at the price he bought it at made no sense once the market turned. It would have made financial sense to structure the deal in a way that it was easy for him to get out of, but he didn’t. Twitter has also now been saddled with additional debt with interest that needs to be paid on a regular basis since it was a leveraged buyout. I’ve been thinking about the deal since it happened and it certainly doesn’t seem to make financial sense to me.