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In that case, seems like there's a way to get back our lovably dysfunctional social network. Just gotta outlast their cash on hand. Edit: Pre-acquisition Twitt
by shuckles 3y ago
In that case, seems like there's a way to get back our lovably dysfunctional social network. Just gotta outlast their cash on hand.
Edit: Pre-acquisition Twitter bonds are trading at ~70 cents on the dollar. Seems like the acquisition financing isn't being traded yet -- banks trying to avoid facing write downs?
- hn_throwaway_99 3y agoAccording to Musk, Twitter is now at least break even. Who knows if that's true or not.
- banannaise 3y agoI would presume he means they're break-even in cashflow (aka the bills he actually wants to pay). They are racking up massive debt to leaseholders, cloud providers...