LogFAQs > #969052222

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, Database 11 ( 12.2022-11.2023 ), DB12, Clear

Topic List	Page List: 1
Topic	Elon Musk spent 44 billion to turn Twitter into 4chan.
UnholyMudcrab 10/29/22 9:33:58 AM #25:	DarkRoast posted... The hilarious part of it is that Twitter wasn't even profitable with the current set of advertisers. And now it's losing advertisers. Because of the loans he took to leverage the deal, Musk is going to be saddled with something like $800 million in interest payments yearly now. That's up from the $51 million Twitter was paying on its most recent income statement. A casual 1600% increase, no biggie. There's just no way Twitter survives this. --- http://i.imgur.com/VeNBg.gif http://i.imgur.com/gd5jC8q.gif http://i.imgur.com/PKIy7.gif http://i.imgur.com/3p29JqP.gif <cite>UnholyMudcrab posted [p:969052222] in Elon Musk ... [t:80214022]...</cite> <quote>DarkRoast posted... </cite><quote>The hilarious part of it is that Twitter wasn't even profitable with the current set of advertisers. And now it's losing advertisers.</quote>Because of the loans he took to leverage the deal, Musk is going to be saddled with something like $800 million in interest payments yearly now. That's up from the $51 million Twitter was paying on its most recent income statement. A casual 1600% increase, no biggie.There's just no way Twitter survives this. --- http://i.imgur.com/VeNBg.gif http://i.imgur.com/gd5jC8q.gifhttp://i.imgur.com/PKIy7.gif http://i.imgur.com/3p29JqP.gif</quote> ... Copied to Clipboard!
Topic List	Page List: 1