▲ 60 ▼ 'Heavy debt': Elon Musk says Twitter cash flow negative after ad revenue declines (www.cnbc.com) submitted 3 years ago* by kuontom@kbin.social to c/tech@kbin.social 49 comments fedilink hide all child comments Musk said early Saturday that cash flow at Twitter remains negative because of a nearly 50% drop in advertising revenue coupled with "heavy debt."
[–] FaceDeer@kbin.social 2 points 3 years ago (1 child) Mazda is a "small company?" Ok. Plenty of companies have been going broke in the past decade. If Musk's companies are small I don't see why everyone's so obsessed with him. permalink fedilink source parent hideshow 2 child comments replies: [–] Hypx@kbin.social 2 points 3 years ago @FaceDeer @kuontom @const_void 2023 is the beginning of the end of ZIRP. Of course starting now, a lot of companies are going bankrupt. But that hasn't reached Tesla yet. Also, who goes around thinking Mazda is this huge company? Sure, it is a not as small as say, a startup company, but it is still consider small. permalink fedilink source parent
[–] Hypx@kbin.social 2 points 3 years ago @FaceDeer @kuontom @const_void 2023 is the beginning of the end of ZIRP. Of course starting now, a lot of companies are going bankrupt. But that hasn't reached Tesla yet. Also, who goes around thinking Mazda is this huge company? Sure, it is a not as small as say, a startup company, but it is still consider small. permalink fedilink source parent