"Musk’s deal to buy Twitter involved taking out $12.5 billion in loans. This means that Twitter will have to come up with an additional $1 billion a year to service this debt."
Reminds me of how Chuck-E-Cheese's is always losing money because they make a little and owe a lot [0]. I thought it was because gang members took over their clientele.
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[ 1.3 ms ] story [ 1314 ms ] threadReminds me of how Chuck-E-Cheese's is always losing money because they make a little and owe a lot [0]. I thought it was because gang members took over their clientele.
[0] https://youtu.be/u6L65O4YC08?t=554 (the whole video is great)
Especially with Jack Dorsey off to build a “new internet.”