Is Twitter Broke? (Part 2)

Elon Musk recently revealed that Twitter’s cashflow remains in the negative territory due to a significant drop of nearly 50% in advertising revenue and the burden of heavy debt. Musk’s statement falls short of his earlier expectation in March, where he anticipated Twitter to achieve positive cashflow by June. In response to suggestions on recapitalization, … Continue reading Is Twitter Broke? (Part 2)