I heard that Twitter has no revenue only loses.. is that changed recently?
Re:Twitter announces layoffs
by frostmatthew on Tuesday October 13, 2015 @04:38PM
(#10383305)
You're confusing revenue (money coming in) with profit/income (money left over after expenses). In 2014 they had revenue of $1.4B[1].
[1] https://finance.yahoo.com/q/is?s=TWTR+Income+Statement&annua...
Maybe everyone else just calls their customers "investors" for some reason?
Re:Twitter announces layoffs
by kingnothing on Tuesday October 13, 2015 @04:38PM
(#10383303)
They may not have turned a profit, but they certainly have revenue.
Wikipedia defines startup as a new business in the form of a company, a partnership or temporary organization designed to search for a repeatable and scalable business model.[1]
Not sure where an exact "point" is (if one even exists) but would seem that Twitter (a nearly ten year old company with revenues of $1.4B) no longer fits that definition.
[1] https://en.wikipedia.org/wiki/Startup_company