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 threadGauchohaulic
@jeffjarvis So basically, Twitter is following the pathway that Yahoo took towards irrelevance? Ultimately fated to be swallowed up by a telecom/tech/multinational conglomerate and get lost and forgotten?
Sounds about right to me.
Dec 24, 2022 at 3:58pmMastodon for iOS