Jeff JarvisDec 24, 2022
And the way I read this.... When Twitter goes bankrupt (and it will), the banks, as creditors, will have bought it for $13b, a $31b discount on what Musk and his foolish friends and fellow shareholders paid for it. $13b is about the right price...or was.
WaPo headline: Here’s who helped Elon Musk buy Twitter
https://www.washingtonpost.com/technology/2022/12/24/elon-musk-twitter-funders/
Here’s who helped Elon Musk buy Twitter

Elon Musk didn't buy Twitter on his own. From Qatar to Jack Dorsey and Binance, meet the people who helped fund the acquisition.

The Washington Post
Show threadJeff JarvisDec 24, 2022
How did Alden take over much/most of the American newspaper industry? By buying its cheap and bad debt.
Show threadSKFordyce
@jeffjarvis Exactly. Our local paper (The Reading Eagle) dug itself into a very deep financial hole when they purchased a large commercial printing press. Eight (or so) years later bought by MediaNews Group, as have all the other area newspapers. Not good.
Dec 24, 2022 at 2:08pmWeb