Twitter has been in the news constantly since Elon Musk purchased it, and as we saw in our previous episode, its 90% revenue source from advertising is slowing down. Additionally, the 8 Dollar Strategy failed and has been relaunched, and employee management has been a contentious issue since day one. Elon even issued a bankruptcy warning because things had gotten so terrible! But what do you know? While the majority of us were focused on these shocking headlines, very few of us were actually paying attention to Elon Musk’s brilliant financial plan to acquire Twitter!
So in this episode today,
Let’s dive in to learn more about this leveraged buyout technique.
What makes it so hazardous that it could harm both the American and global economies directly?