Twitter is Going Bankrupt! (Note: Clickbait but...)
Twitter is Going Bankrupt! (Note: Clickbait but...)
Apologies for the clickbait video title. Patrick Boyle (Youtuber) seems to have wanted to name this video clickbait. And rule5 is to keep the original title, so... I'll keep the original title.
Still, after watching all 30 minutes (!!!) of it, I think I like this guy's dry sense of humor and his knowledge of this subject. To be fair, I didn't learn anything in particular here (everything is just a summary of the past ~1 year of Twitter). But maybe some of yall have missed the twists-and-turns of this first year of Elon Musk's ownership of Twitter.
So this 30 minute video remains a good summary of everything post-acquisition. And yeah, its a lot, but... a lot has happened this year. So its a good length for the exhaustive summary presented.
Looks like the musk fans have made their way. 😆 It's going to be lonely out there for them when this house of cards collapses finally.
There is one qualm with relying upon the $13 Billion loan as an argument for why Twitter will go Bankrupt.
Elon can likely pay $7ish Billion to buy the loans. Which is an amount Elon can pay, and is likely a better plan than paying $1.3 Billion/year perpetually.
I dunno why Elon doesn't do this. But it's a pretty simple solution to his problem.
He doesn't do it because he wants it to sink. And Patrick covers the fact Elon could pay but said he won't.