Thread regarding 2U Inc. layoffs

Market Value

The entire company is now worth $200 million USD. Probably much less than that, whoever would buy us would inherit a huge mess. This all points that we'll end up in a bankruptcy and that private equity sharks will come in and deal with whatever is left of us after we are done with the BK process.

No matter what happens we'll have a very unstable 2024 and there will be many additional layoffs (I am anticipating at least four rounds in 2024 and one in December of 2023 - all based on my analysis/gut, I do not have any relevant insider info)...

by
| 1211 views | | 3 replies (last September 29, 2023) | Reply
Post ID: @OP+1oPSzSAN

3 replies (most recent on top)

Did you hear about BYJUs?

https://www.bloomberg.com/news/articles/2023-09-12/byju-s-hid-533-million-in-hedge-fund-camshaft-run-from-miami-ihop-lenders-say

by
| | Reply
Post ID: @1iyk+1oPSzSAN

Worth 1 billion farts

by
| | Reply
Post ID: @1srv+1oPSzSAN

If a private equity firm were to take 2u private they would need to pay somewhere near the "enterprise value" which is the market cap + debt - cash.

Long term debt is about $850 million right now.

The enterprise value is $1.09 billion, which would be just over $13 / share.

by
| | Reply
Post ID: @oki+1oPSzSAN

Post a reply

: