Here's Another I-Told-You-So
No one wants the job who can actually keep Twitter alive. There is no successor. — Elon Musk (@elonmusk) December 19, 2022 The reaction to last night's poll from Elon Musk on whether he should step down as CEO of Twitter has mostly provoked amusement, but his subsequent tweets suggest he's belatedly coming to recognize what I've been pointing out for the last several weeks, that Twitter is in such bad shape that in fact its auditors should have issued a statement that there is substantial doubt about the entity's ability to continue as a going concern . The link explains an auditor's responsibility in reviewing this circumstance: Continuation of an entity as a going concern is assumed in financial reporting in the absence of significant information to the contrary. Ordinarily, information that significantly contradicts the going concern assumption relates to the entity's inability to continue to meet its obligations as they become due without substant...