James Howard
Nov 24, 2022

There is no upside here. Twitter is a company that right now could be worth $5 billion but has around $20 billion of debt - not to mention the $24 billion extra that Elon and his buddies have sunk into it.

So it has to grow to roughly 10 times its current valuation before there is any significant equity to hand out.

This might be possible in a startup with no legacy systems but Twitter is not that.

As so many have said, most of those left at Twitter are tied to it with Visas. Mostly, they don't really want to be there and while they may put in the hours, they won't pour their soul into something they don't believe in.

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James Howard
James Howard

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