Twitter lawsuits over unpaid bills "typical of companies within a very short window of filing for bankruptcy"

That’s… charitable. Twitter is definitely running an accelerated playbook, but leveraged buyouts are frequently followed by bankruptcy after the buyers succeed in tanking long term viability for short term cost cutting, selling off valuable assets and real estate, and paying themselves nice performance bonuses.

From a private equity perspective, the “problem” with what Musk is doing is that A) he paid way too much to begin with, driving the price up prior to the buyout rather than down, and B) he tahnked revenue before cutting costs, not after. Otherwise he is following a pretty standard private equity game plan.


6 posts were merged into an existing topic: Sexy, sexy playing cards

He’s one sink-ass futhamucka.

Great minds, etc.
Not a honey one, but still:


True, the Leopards Eating People’s Faces Party deserves all the publicity we can give them.

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Well, he does talk out of his arse most of the time, so it IS what the leopard should eat!


Wolverines scare grizzly bears.


yeah, but to be fair, so do house cats

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