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I'm wondering if the endgame here is that "X" declares bankruptcy and is immediately scooped up by a private equity firm that renames it back to Twitter and und
by infotainment 3y ago
I'm wondering if the endgame here is that "X" declares bankruptcy and is immediately scooped up by a private equity firm that renames it back to Twitter and undoes all Elon's bizarre changes.
- Zigurd 3y agoI think elon's decision to go harder and tell the rest of the advertisers to gfy is in part a strategy to scare everyone else off. If there was a chance they could go back to normalcy, the lbo lenders might push him into bankruptcy, or use some technical violation of a loan covenant to push him out. It's like a comically bad hostage situation: back off for the bird sleeps with the fishes.
- sillywalk 3y agoShoot the hostage.