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Nov 13, 2022
$TWTR capital structure thread ๐งต Elon had commitments for $13 billion in credit facilities to help finance the Twitter buyout They are shown here. $12.5 billion was likely funded at close with undrawn $500mil revolver 1/ twitter.com/EnergyCredit1
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O&G OG
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May 14, 2023
warning: Nerdy-ass Saturday night musing Been trying to think of a framework to apply to determine which technology markets will likely consolidate in the next 12-18 months Here's the 2x2 I've come up with which I'll explain in coming tweets LMK w
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Anand Sanwal
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Nov 3, 2022
Yesterday I discovered something so major that I thought it needs to reach people beyond my paid subscribers. I re-visited our analysis on the factors behind global market liquidity from 2018 ๐ and found something very disturbing. Thread. 1/19 gns
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Tuomas Malinen
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Aug 13, 2022
What's the cost of Market Making to Liquidity Providers (LPs)? In a new paper with @ciamac @Tim_Roughgarden @AnthonyLeeZhang we propose a quantitative and rigorous answer: LVR ("loss versus rebalancing," pronounced "lever"): moallemi.com/ciamac/paper
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Jason Milionis
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