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re: X/Twitter is already cash flow positive per a Bloomberg reporter
Posted on 10/10/23 at 10:40 am to Weagle25
Posted on 10/10/23 at 10:40 am to Weagle25
quote:
You don’t know any of this.
You’re just as bad as a Elon fan boy with this post.
Tell me you've never worked in finance without telling me you've never worked in finance. The deal was so bad for Elon and so good for Twitter shareholders that he tried to back out of it numerous times and contract law essentially forced his hand.
They aren't cash flow positive after interest and debt service, therefore there is no operating cash flow available to reduce debt. And if the collateral behind the margin loans starts to deteriorate, this thing can go downhill very quickly.
Edit: I actually agree with you on some of your earlier posts, but you attacked me not knowing what my level of experience and knowledge is here.
This post was edited on 10/10/23 at 10:44 am
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