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Re:Why is everyone a bank? by satanspastaroll on Tuesday November 19, 2019 @03:39AM (#21571481)
It's really amazing how a company can run for so long on so much loss. IIRC Twitter has never turned a profit either, and yet there it stands
Re:Why is everyone a bank? by rco8786 on Tuesday November 19, 2019 @08:07AM (#21572500)
Twitter has made profit now. But didn’t for a while. I worked there until 2015 and the consensus was that they had enough money to continue operating at the then current loss levels for like 50 years.

It’s hard to visualize how much money these big tech cos are actually taking in investment. If you have a $B you can lose $10mm a year for one hundred years.