How Musk’s Twitter Faces Mountain of Debt, Falling Revenue and Surging Costs

Re:How Musk’s Twitter Faces Mountain of Debt, Falling Revenu... by smoldesu on Monday November 21, 2022 @10:13AM (#33693428)

> [Twitter] hasn’t booked an annual profit since 2019, and posted a loss in eight years of the past decade. The company’s net loss narrowed in 2021, to $221.4 million from $1.14 billion the previous year.

Hard to imagine what shareholder morale looks like for a company that has lost money for the better half of a decade.

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Re:How Musk’s Twitter Faces Mountain of Debt, Falling Revenu... by pohl on Monday November 21, 2022 @10:19AM (#33693504)

Is it common to refer to the owners of a private company as "shareholders"? (TWTR was delisted.)

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Re:How Musk’s Twitter Faces Mountain of Debt, Falling Revenu... by drKarl on Monday November 21, 2022 @10:35AM (#33693707)

Or bagholders?

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Re:How Musk’s Twitter Faces Mountain of Debt, Falling Revenu... by fakedang on Monday November 21, 2022 @11:47AM (#33694668)

Private shares are, at the end of the day, still shares.

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Re:How Musk’s Twitter Faces Mountain of Debt, Falling Revenu... by FartyMcFarter on Monday November 21, 2022 @01:17PM (#33695883)

The current private holders knew what they were getting into though, at least as far as past financial results.

Granted, they may not have known that Musk was going to unleash this much chaos so quickly on the company.

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Re:How Musk’s Twitter Faces Mountain of Debt, Falling Revenu... by lambic2 on Monday November 21, 2022 @09:21PM (#33700971)

Didn't Elon buy every outstanding Twitter share with the $44 billion since it was a cash offer? That would mean there are no remaining Twitter shareholders besides Musk.

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Re:How Musk’s Twitter Faces Mountain of Debt, Falling Revenu... by ryanwaggoner on Tuesday November 22, 2022 @10:28AM (#33706790)

Dorsey retained a chunk, maybe others

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