• poctz@beehaw.org
    link
    fedilink
    English
    arrow-up
    1
    ·
    edit-2
    2 years ago

    Just saw a comment regarding Twitter’s troubles:

    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.