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Tech Thread

Lol Elon turning on Bari Weiss just days after giving her the sacred Twitter Files.


and it's not like she even came out swinging against his tyranny either. I found her tweet thread on the topic to be disingenuous and problematic in and of itself.
 
@Habsy doesn't have that kind of time. Because after 10m Elons going to go I got this Mess up come back and be 5 minutes of lessons behind where he started from
We should all DM him to hire me to run Twitter. I'll fix that shit and anyone whining can fuck off to HFBoards. That'll be in the ToS
 


the Wall Street firms holding part of that 13B in bank loans (the ones that actually carry interest payments) have been trying to quietly unload their share of twitter for 80 cents on the dollar and apparently can't find any takers. Finding anyone to take a pure equity position in twitter at a massively inflated price is going to be very difficult. It was probably a ~20B company with minimal debt, (barely) balanced books, and a growing list of happy ad buyers. With 13B in debt, a 3-6B annual cash burn, and the alleged flight of 85% of ad spend on the platform, it's a distressed property.
 
the Wall Street firms holding part of that 13B in bank loans (the ones that actually carry interest payments) have been trying to quietly unload their share of twitter for 80 cents on the dollar and apparently can't find any takers. Finding anyone to take a pure equity position in twitter at a massively inflated price is going to be very difficult. It was probably a ~20B company with minimal debt, (barely) balanced books, and a growing list of happy ad buyers. With 13B in debt, a 3-6B annual cash burn, and the alleged flight of 85% of ad spend on the platform, it's a distressed property.

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Yeah, that's really his only hope. But with the US government targeting TikTok at the moment for being a defacto arm of the chinese government, Twitter being too deep in bed with the Saudi's & Russians could very easily lead to subpoena's and bans.
 
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