• Hoyt [he/him]
    ·
    edit-2
    2 years ago

    lol twitter debt financing is set to go from $30m/yr to $1by/yr because somehow youre able to buy a company and make that company carry the debt risk for its own purchase. The most twitter has ever made in a year was $660m. Elon is searching the fucking couch cushions here. I've heard that even if every blue check subscribes for $20/mo, it would work out to about $30-60m/yr, not even close to enough. We may be 5 years out from twitter just going bankrupt.

    • Teekeeus
      ·
      edit-2
      20 days ago

      deleted by creator

      • solaranus
        ·
        edit-2
        1 year ago

        deleted by creator

        • Tankiedesantski [he/him]
          ·
          2 years ago

          The CIA has its own private equity fund(s) and venture capital companies so if they need to recapitalize Twitter on the quiet, they'll use those.

          https://www.wsj.com/articles/the-cias-venture-capital-firm-like-its-sponsor-operates-in-the-shadows-1472587352

        • Hoyt [he/him]
          ·
          2 years ago

          Nationalize twitter, repurpose the TSA to scan your posts

      • Hoyt [he/him]
        ·
        2 years ago

        interesting point, i guess we'll see in the end. on the flip side it's not like its the only social platform out there, and im not sure the influential and powerful out there enjoy having a thousand people point out how much of a dumbass they are in every post they make