Comment on [deleted]
cricket97@lemmy.world 8 months agoI would buy one of the most popular social networks for 50k in an instant. you would be stupid if you turned that down
Comment on [deleted]
cricket97@lemmy.world 8 months agoI would buy one of the most popular social networks for 50k in an instant. you would be stupid if you turned that down
dustyData@lemmy.world 8 months ago
You would be really stupid to buy it too. You’re now legally liable for $44 billion in debt. Because that debt is saddled to Xitter, not to Musk. Good luck dodging your new Saudi overlords.
cricket97@lemmy.world 8 months ago
do you think buying a company with debt makes you personally liable for said debt?
dustyData@lemmy.world 8 months ago
As the owner, if the company is in debt, it won’t stop being in debt if the title of ownership changes. And you will have to respond to make sure the company serves their debt.