d a t greenhttps://twitter.com/ZoeSchiffer/status/1590812793787518977
If correct, Musk contemplating the bankruptcy of Twitter is not a surprise
The reported structure of the acquisition, with Twitter saddled with interest payments greater than revenue, always meant a crush was coming unless there was a sudden upswing
What puzzles is not Musk’s ineptitude, but how serious financiers facilitated the deal
What were they expecting?
And what was their security?
Something is odd
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