SeaOtter
Then the banks will take possession of Twitter, and probably arrange a (fire) sale to a financial sponsor. There is no chance the banks will role over like others that Musk is not paying. It’s much more cut and dry on term loans or bridge loans.
The bank group is furious with Twitter/Musk.
It’s definitely not a bank giveaway - the bank group is likely furious. They are hung with $13bn of debt, that is not sellable, and worse, has virtually no pathway to be sellable in the near future. It’s tough to figure out where this debt would be marked, but I would guess the Street has unrealized losses in the $3-5Bn range.
I wonder why abysmal has a second hump around 5? Could it be that survey readers do not understand it?
My understanding, it is reporting people who specifically elect to sign up for Threads using their Instagram account. On instagram profiles, they have been showing a badge with their Threads subscriber number that you only get when you elect to join Threads. This increases sequentially.
The highest number on the badge should give a good indication of how many Instagram users at least “claimed” their Threads account.