Source: Elon Musk offers Twitter staff stock grants at a ~$20B valuation which, with a $13B debt, implies a $33B enterprise value, ~11x 2023's projected revenue (Erin Woo/The Information)

Erin Woo / The Information:
Source: Elon Musk offers Twitter staff stock grants at a ~$20B valuation which, with a $13B debt, implies a $33B enterprise value, ~11x 2023's projected revenue  —  Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff …

from Techmeme https://ift.tt/A1LxtB6