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Job matching probably "This strategic move comes after Twitter’s acquisition of Laskie, a job-matching tech startup, in May." From the article "Twitter is test
by mtmail 3y ago
Job matching probably "This strategic move comes after Twitter’s acquisition of Laskie, a job-matching tech startup, in May."
From the article "Twitter is testing a job board feature on profiles of verified organisations" https://thetechportal.com/2023/07/21/twitter-job-listings/ https://thetechportal.com/2023/07/21/twitter-job-listings/
- cratermoon 3y agoWhere did 𝕏 get the money to buy a startup? The stories I've found said it was acquired for cash and equity, and Laskie had been funded to the tune of $6 million. https://www.forbes.com/sites/siladityaray/2023/05/16/twitter-reportedly-acquires-job-platform-laskie-in-first-major-deal-under-musk/ https://www.forbes.com/sites/siladityaray/2023/05/16/twitter...
- redox99 3y agoYou can't imagine where X, owned by saudis and the world's richest man, got $6 million from?
- cratermoon 3y agoLet me put it another way. If 𝕏 has $6 million to buy another company, why is the company delinquent on hundreds of millions, if not billions of dollars in debts, including office space rent, google cloud expenses, Oracle services, AWS, and so on?
- mrguyorama 3y agoThat's just because Musk thinks "just don't pay your bills" is a negotiation tactic. He's just trying to abuse his debtors into agreeing to smaller amounts. Musk and twitter has cash, precisely because they are choosing not to pay anything. That tends to do wonders for your cash flow. That doesn't mean they are profitable, or sustainable.
- rchaud 3y agoBecause they owe $300m in interest payments every quarter. https://www.ft.com/content/32568ca1-464b-4fcf-8694-44be6be3d686 https://www.ft.com/content/32568ca1-464b-4fcf-8694-44be6be3d...