Notices by Vic Uzumeri ?? with?? (canraisin@mstdn.ca)

@hypolite

We're going to see, aren't we? ?

But your scenario is a decent possibility.

@hypolite @raccoon

My question is whether Twitter is financially salvageable after the injuries Musk has inflicted. I am doubtful. If so, the CEO choice won’t matter.

@raccoon @hypolite

Follow the money.

In his last year, Jack Dorsey spent US$5.5B and earned US$5B with Twitter.

Elon adds $1B in debt service and loses $2B or $3B in ad revenue. He maybe saves $1B or $1.5B in staffing costs. That still leave $2B/yr. (give or take) hole to fill.

He can subsidize eternally from his own pocket … or declare Chapter 11. If he hires a CEO, it will be to steer it through bankruptcy.

and it will never be the same.