6 ms·
Well structurally taking Twitter private has increased expenses by $1bil (the interest on loans) against last year's ~$6bil in revenue, so that alone is going t
by statusgraph 4y ago
Well structurally taking Twitter private has increased expenses by $1bil (the interest on loans) against last year's ~$6bil in revenue, so that alone is going to change the health of the company.
On top of that Musk has given guidance that he expects revenue to fall from $6b in 2022 to $3b in 2023. (This seems dramatic TBH)
I don't think there were revelations (this is all public info), the transaction just changed the fundamentals.
- andrew_ 4y agoGood points. The interest isn't something I'd take into account.
- preommr 4y ago> $6b in 2022 to $3b in 2023. (This seems dramatic TBH) Holy shit, that's terrible. Can you give a source? A quick google search only shows articles about how Musk claims he prevented a 3bn shortfall through layoffs.