Peter Kafka

@pkafka ↗

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Last Checked Nov. 28, 2022

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Thu Nov 10 21:27:20 +0000 2022

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Peter Kafka @pkafka

Twitter did $5 billion in sales last year, and just cut its payroll in half. So if Musk is being truthful (🤞) and they’re still that deep in the hole then… — PolitiTweet.org

on the call, Musk was also asked about the company's financial runway and how it was doing in terms of the business… https://t.co/QAibJfAYK3

Posted Nov. 10, 2022

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Peter Kafka @pkafka

Reminder that bankruptcy doesn’t mean Twitter shuts down. It means Elon renegotiates his $1b/year debt committment and tells his pals who helped him buy this thing that you can’t win them all. — PolitiTweet.org

Wow. Elon Musk just told Twitter employees he’s not sure how much run rate the company has and “bankruptcy isn’t out of the question.”

Posted Nov. 10, 2022

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Peter Kafka @pkafka

@pbump @harrisj Pretty good way to reduce a $13 billion debt obligation. I mean, not a good way. But a way. — PolitiTweet.org

Posted Nov. 10, 2022