Twitter could go bankrupt, Musk warns employees

11 November 2022
At least four key executives left the company, leaving Twitter in a vulnerable place.

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Meanwhile, I'm seeing people going to Mastodon as their Twitter replacement.

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    • Anonymous
    • MFI
    • 12 Nov 2022

    🏃🏻....💳..💰💵..💵.....🐦🐦🐦🐦🐦🐦🐦🐦🐦🐦🐦

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      • Anonymous
      • ibg
      • 12 Nov 2022

      No wonder Twitter was so eager to force Musk to buy them

        Onanymaus, 11 Nov 202290% of Twitter's revenue is from advertisements. And E... moreNone of the advertisers actually care about people. They care about money, and currently virtue signalling to middle class nimby Leftists is very lucrative

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          • Anonymous
          • 70d
          • 11 Nov 2022

          Onanymaus, 11 Nov 2022Twitter is bought partly through financing, so technically ... moreIf Musk defaults, the bank can sue him and seize any of his assets. Not just Twitter.

            Onanymaus, 11 Nov 2022He used 20B of his own money to buy Twitter. By the way, th... moreSeeing this explanation had me rethink my initial point

            Your correct

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              • Hugo
              • XUi
              • 11 Nov 2022

              Never really liked Elon. He's the typical right wing savior/father figure/messiah who has come to "save" the sheep from some or the other conspiracy theory that these guys cook up. Funny that such figures have been comming since thousands of years using the same old conspiracies using different characters, ideologies, etc and yet sheep remain sheep.
              These type of figures have been on the rise lately with the general public's addiction to social media and the internet in general.

                It's sad or even maybe bad to say but I really hope it will go bankrupt all the line and that uber ego's like shitty Elon will personally be held responsible for ruining the lives of the employee's. I doubt that it will ever happen as people like that criminal are just buying everyone who gets in their ways. Common people are just disposable assets, consumables without any value other then to work untill they are obsolete.
                Of course you can also ask yourself if the world became a better place with all these so called "social" networks. It only contributed to more greed and abuse of each of us as a person...
                I'd rather meet with someone in the flesh and have only a handful of real friends than a big amount of virtual ones.

                  Anders, 11 Nov 2022Twitter had already failed to make a profit 8 of the last 1... more90% of Twitter's revenue is from advertisements. And Elon's new policies already making some regular clients hesitant to continue advertising on Twitter. But hey, Elon version of free speech is more important. He better start doing more to attract conservative-leaning companies to advertise on Twitter.

                    IpsDisplay, 11 Nov 2022Notice that this article states bankruptcy? If your not ... moreHe used 20B of his own money to buy Twitter. By the way, that is the max cash flow he has after selling some of his Tesla shares. Elon also borrowed 13B from banks and banks will no easily give up on their money. So, I disagree with you that declaring bankruptcy is an 'easy way out' for Elon.

                    Or maybe Elon can just start a new bank that rivals the US Federal Reserve. I am sure plenty of Elon fans think he can do anything.

                      IpsDisplay, 11 Nov 2022One other thing you misunderstand about wealth Ownership... moreTwitter is bought partly through financing, so technically the banks own a part of Twitter until the 13B loans are fully settled. If Elon fail to service the loan payments, then the banks will move to seize Twitter's assets. Another thing is Elon overpaid in the deal, so good luck finding someone willing to pay more than 44B in case Elon want to sell Twitter to recoup his 'investment'.

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                        • Anonymous
                        • vG@
                        • 11 Nov 2022

                        Anders, 11 Nov 2022The irony of you calling people dumb and yet your comment h... moreGrammar Nazi :Bane of the Internet

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                          • Anonymous
                          • rN7
                          • 11 Nov 2022

                          Anders, 11 Nov 2022The irony of you calling people dumb and yet your comment h... moreCongratulations. You so smart.

                            Fireview, 11 Nov 2022He's turning Twitter into MySpace faster than MySpace ... moremagic.

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                              • Anonymous
                              • rN7
                              • 11 Nov 2022

                              So its bs. But at least he's actually warning people.

                                Rosso, 11 Nov 2022>buys a company >drives it into bankruptcy Musk i... moreTwitter had already failed to make a profit 8 of the last 10 years. Advertising revenue isn't what it was. Smart people use adblock

                                  chris1998, 11 Nov 2022The problem with social media these days is to put it kindl... moreThe irony of you calling people dumb and yet your comment had multiple spelling mistakes

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                                    • Anonymous
                                    • u7V
                                    • 11 Nov 2022

                                    i don't know why most users on this website hate elon.
                                    but elon is smart cleaning trash in his new apartment 🤣

                                      Onanymaus, 11 Nov 2022Elon's net worth is mostly tied to his Tesla shares. A... moreOne other thing you misunderstand about wealth

                                      Ownership is superior to having cash wealth

                                        Onanymaus, 11 Nov 2022Elon's net worth is mostly tied to his Tesla shares. A... moreNotice that this article states bankruptcy?

                                        If your not aware bankruptcy is for the rich.. this will not put any dent on his balance sheet

                                        The returns from his share in his other ventures and govt contracts can easily recover in the years to come