>Buy a company, drastically reduce unnecessary expenses.
This famously works out very well for PE firms.
It seems very naive to assume Twitter was casually spending 1B/yr in "unnecessary expenses". Maybe the previous CEO/CTO was a baffling moron, but I tend to have more faith in people absent of evidence otherwise. I'm going to be surprised if Twitter is around in year - I'm just they have the capital to keep the lights on but it will be a very different story if advertisers start to abandon the platform because the adops infrastructure was gutted as an "unnecessary expense".
This famously works out very well for PE firms.
It seems very naive to assume Twitter was casually spending 1B/yr in "unnecessary expenses". Maybe the previous CEO/CTO was a baffling moron, but I tend to have more faith in people absent of evidence otherwise. I'm going to be surprised if Twitter is around in year - I'm just they have the capital to keep the lights on but it will be a very different story if advertisers start to abandon the platform because the adops infrastructure was gutted as an "unnecessary expense".