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statusgraph | 3 years 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.

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preommr|3 years 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.

andrew_|3 years ago

Good points. The interest isn't something I'd take into account.