2023-03-18
Pro-Tip: the stock market has a way of sniffing out financial shell games and revealing a house of cards. “It's smoke and mirrors,” one former senior staffer said. “[Musk] is doing all this deferring of eventual costs, so he can do the victory lap” $TSLQ https://www.ft.com/...
New York Times
Sources: Twitter explored licensing music rights from three major labels but negotiations stalled after Elon Musk's takeover and were abandoned due to costs
Twitter didn't move forward with the music licensing deals because of costs, people with knowledge of the matter said.
2022-10-05
Read the Room. “Twitter debt package announced in April includes a $6.5bn leveraged loan, $3bn of secured bonds, and another $3bn of unsecured bonds, with the latter particularly tricky to sell in recent months as the capital structure is riskier” https://www.bloomberg.com/...
Bloomberg
Elon Musk's revived $44B Twitter acquisition could rely on $12.5B from banks at a time when offloading risky debt is difficult, potentially leading to losses
Bloomberg :
Read the Room. “Twitter debt package announced in April includes a $6.5bn leveraged loan, $3bn of secured bonds, and another $3bn of unsecured bonds, with the latter particularly tricky to sell in recent months as the capital structure is riskier” https://www.bloomberg.com/...
Bloomberg
SEC filing: in a letter to Twitter, Elon Musk revives his original bid for $54.20 per share, aiming to avoid a courtroom fight
Elon Musk is proposing to buy Twitter Inc. for the original offer price of $54.20 a share, Bloomberg News reports.Musk made the proposal in a letter to Twitter …
2021-11-16
there appears to be some fugazi shite going on in private markets too, per @fredwilson... again no one rings the bell at the top, but some ears are starting to ring. https://avc.com/...
AVC
Seed rounds at $100M post-money valuations, now fairly common, are unlikely to perform well for investors, given dilution and early startups' high failure rate
We have been seeing quite a few seed rounds getting done in and around $100mm post-money and that concerns me for a few reasons:
2018-01-08
As any parent of teens will tell you, the smartphone is the access point, albeit a necessary one in this day & age, but the real problem is the addiction to @Snapchat & @instagram iPhones and Children Are a Toxic Pair, Say Two Big Apple Investors https://www.wsj.com/...
Wall Street Journal
Two Apple investors, which hold ~$2B in stock, say Apple should study impact of phone overuse on kids' mental health, offer parents better tools to manage use
Two activist shareholders want Apple to develop tools and research effects on young people of smartphone overuse and addiction