Ted Corcoran Dec 17, 2022

Follow the money.

Twitter borrowed $13 billion as part of the $44 billion purchase price.

Annual interest payments are estimated at $1.2 billion. That is more money than Twitter earned in 2021.

When Federal Reserve raises interest rates, the yield on the loans rises.

Guess what the Fed did this week? Raised interest rates.

Twitter is in serious trouble, and I won't be surprised when they go bankrupt.

Show threadNancyAnn
@RedTRaccoon
I think finding who his backers are will shine the light on his intentions. Authoritarians don’t appreciate the public having unfettered communication.
Dec 17, 2022 at 1:16pmWeb
Show threadAlexandraDec 17, 2022
@nancyann @RedTRaccoon hope this helps:
Show threadNancyAnnDec 17, 2022
@Alexandra @RedTRaccoon
Not even close to $44B, but the largest on this list is a Saudi prince.
Show threadAlexandraDec 17, 2022
@nancyann @RedTRaccoon indeed. Puts a spin on things! Especially since that Twitter employee was found guilty of selling info from Twitter to the Saudis.