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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
Posted by Texas Tea 123
Member since Sep 2017
210 posts
Posted on 10/10/23 at 10:40 am to
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
Posted by Weagle25
THE Football State.
Member since Oct 2011
46232 posts
Posted on 10/10/23 at 11:25 am to
quote:

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.

Lot of cocky finance bros in here.

I don’t need to know your experience to know you’re talking out of your arse here. You seen their financials? You haven’t.
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