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“It’s a pretty obvious tell that there’s financial trouble brewing when a company stops paying its bills as they become due.”
A fun update on how badly the Twitter deal is going:
Last time I checked, if a company has more than 12 creditors — as Twitter does — then any three of them can join together to put a company into an involuntary bankruptcy proceeding. And Elon is in danger here. At some point, the creditors he is mindlessly stiffing on a regular basis are going to get sufficiently pissed to throw Twitter into bankruptcy.
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