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19 points

Twitter was doing fine financially before Musk bought it. He paid more than twice what it was worth and he used loans to do it, that’s what this is all about.

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6 points

Twitter has never really been a financially viable company. They were losing money year after year. That’s not what I would call financially stable. There’s a reason they did everything they could to force Musk to buy it when he tried to back out.

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21 points
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Yeah there is a reason, the reason is because his dumbass offered more than twice what the company was worth.

Lots of tech companies operate at slightly under profitability. They were doing fine.

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2 points
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Twitter was doing fine financially before Musk bought it.

No it wasn’t 😂

He just lit a sinking ship on fire, yes it’s worse but it was bad before too.

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4 points
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Lmao, I mean, it indisputably was. Objective facts exist. It was a publicly traded company so there is plenty of professional financial analysis available on the subject which you could easily access if you wanted to. Some of it even written at a level you could potentially understand.

Or just continue on wallowing in your own ignorance, whatever.

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6 points

Could you please link one such financial analysis? Preferably one that’s easy to absorb for the layman?

I’m not op but am very interested to know more 🙂

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