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.
