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re: Elon to TWTR employees: Not sure of how much run way he has left; bankruptcy possible too
Posted on 11/10/22 at 3:30 pm to FredBear
Posted on 11/10/22 at 3:30 pm to FredBear
quote:
Care to compare your bank account to his?
c on z has no idea what run rate even is. He also thinks illiterate Lebron is a genius because he can dribble a basketball
0
Posted on 11/10/22 at 3:32 pm to Street Hawk
I thought I heard $20B+ was funded by the banks.
Then I started wondering what the debt service on something like that would look like.
Then I kept trying to figure how long could you continue to finance this and remain profitable.
Then I see these comments and it makes sense. You can't.
Then I started wondering what the debt service on something like that would look like.
Then I kept trying to figure how long could you continue to finance this and remain profitable.
Then I see these comments and it makes sense. You can't.
Posted on 11/10/22 at 3:33 pm to c on z
quote:
But, but, Elon is a genius
he didnt create the financials idiot
but he looks determined to fix them
Posted on 11/10/22 at 3:34 pm to Street Hawk
quote:
Elon to TWTR employees: Not sure of how much run way he has left; bankruptcy possible too
explain this to me like i'm 5, why'd he buy a bankruptcy company again other than to take away the liberal platform cause he's shite rich?
Posted on 11/10/22 at 3:38 pm to Street Hawk
quote:He said all the same exact things about Tesla, but I'm never certain they were true. He said they were mere days away from bankruptcy but survived.
Elon to TWTR employees: Not sure of how much run way he has left; bankruptcy possible too
Part of me thinks he likes to embellish the doom and gloom so when things work out, he can point back to how low it was.
Posted on 11/10/22 at 3:42 pm to Street Hawk
Well, when you're being quietly subsidized by the government you can make it. Information is valuable... until the government can't bribe a company for it.
Posted on 11/10/22 at 3:43 pm to c on z
quote:
But, but, Elon is a genius
Do not know why you are laughing, he is the richest guy in the world and actual genius.
This is a pretty bad look for you.
Posted on 11/10/22 at 3:47 pm to Yaboylsu63
quote:
This sounds like bankruptcy to restructure the debt not close shop.
Could be to frick all the execs he fired who had written in their own golden parachute provisions in their contracts ?
Posted on 11/10/22 at 3:50 pm to Chad504boy
Could he be using threats of bankruptcy to get around Cali's advanced notice requirement for layoffs?
Posted on 11/10/22 at 3:54 pm to Eighteen
quote:
So the geniuses were the losers running the company losing 4 million dollars a month?
Those same losers fleeced Elon for an absurd per share price and had him take the headache/stress off their plates
What losers
Posted on 11/10/22 at 3:55 pm to shel311
quote:
He said all the same exact things about Tesla, but I'm never certain they were true. He said they were mere days away from bankruptcy but survived.
Part of me thinks he likes to embellish the doom and gloom so when things work out, he can point back to how low it was.
In fairness, Twitter wasn’t doing too good financially before he acquired it.
LINK
This post was edited on 11/10/22 at 3:57 pm
Posted on 11/10/22 at 3:56 pm to Street Hawk
Who uses Twitter in 2022?
Posted on 11/10/22 at 3:57 pm to Street Hawk
Looks like all the libs and journalists will have to flock to Truth Social.
Posted on 11/10/22 at 3:58 pm to m2pro
quote:
Well, when you're being quietly subsidized by the government you can make it. Information is valuable... until the government can't bribe a company for it.
Exactly this.
Posted on 11/10/22 at 3:59 pm to Street Hawk
Bluesky social got next.
Posted on 11/10/22 at 3:59 pm to Eighteen
quote:
losing 4 million dollars a month
Its $4 million/day.
Posted on 11/10/22 at 4:01 pm to Chad504boy
quote:
explain this to me like i'm 5, why'd he buy a bankruptcy company again other than to take away the liberal platform cause he's shite rich?
Potentially he will use bankruptcy laws to legally reorg the business. You know, he can then shed labilities legally.
Posted on 11/10/22 at 4:01 pm to c on z
quote:
But, but, Elon is a genius
Bruh, you sop up critical race theory and you think the guy that built Tesla, Space X, Starlink, etc is the dumb one?
Posted on 11/10/22 at 4:38 pm to c on z
quote:
In fairness, Twitter wasn’t doing too good financially before he acquired it.
No shite.
That’s why everyone downvoted your original post.
Posted on 11/10/22 at 4:40 pm to DarthRebel
quote:
Do not know why you are laughing, he is the richest guy in the world and actual genius.
This is a pretty bad look for you.
It is impossible to shame Progressives.
Seriously. Anyone that openly supports censorship, jailing political opponents, and fricking kids can't be shamed.
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