[adleyjulian]

I'm not sure if you're supposed to have an emotional reaction. The delayed reviews combined with the head of business operations leaving, the rumors of missed revenue targets and lower ad quality speaks to financial difficulties. People are worried about further lay offs and the all-hands didn't really assuage concerns.

Twitter as a business would probably be fine and cash flow positive, but it has a billion dollar annual debt servicing weighing it down.

[darth_avocado]

All the financial difficulties were brought on by one person and one person only. The debt structuring was bad, but could work. Pre acquisition the revenue and profitability was growing. Instead of coming in, keeping things as is, understanding the business and making changes over time, he went spitefully nuclear and stripped the business back to bare bones. And that still would’ve worked, but instead he went ahead and antagonized the only source of revenue he had, the advertisers. At that point, the business no longer is viable.