Twitter has $13 billion of debt, which they have to put on their books. If Elon came along and said, I'll give you 50 cents in the dollar, they'll leak at it because chances are we going to zero," he says. "Why not try to shit talk this thing down so that he can buy the bank debt from them at a severe discount"
Guest host William D. Cohan joins Kara to discuss the latest developments in the Twitter saga: banned accounts will return! Apple could ban Twitter from the App Store! Elon drinks caffeine-free Diet Coke?! Also, protests in China could disrupt Apple. Friend of Pivot Anand Giridharadas joins to discuss his latest book, "The Persuaders," and how clear, concise messaging could help save democracy.
Suggested reading:
"Power Failure: The Rise and Fall of an American Icon" by @williamcohan
"The Persuaders: At the Front Lines of the Fight for Hearts, Minds, and Democracy" by Anand Giridharadas. You can follow Anand at @anandwrites.
Send us your questions! Call 855-51-PIVOT or go to nymag.com/pivot.
Learn more about your ad choices. Visit podcastchoices.com/adchoices