".. As part of the deal, Twitter will .. be on the hook for annual interest payments of more than $1 billion, compared with some $51 million in 2021."
Where is the LOLOLOLOL button😂
https://www.wsj.com/articles/elon-musks-twitter-takeover-seen-swelling-the-companys-debt-11666609106
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It’s (un)surprising how many places go through the sad VC death spiral of Leveraged buyout-> massive cuts to staff and services to cover new debt payments-> company goes under because it can’t bring in enough to cover massive debt.
@Kaos_vs_Control