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A comment on Twitter board adopts poison pill after Musk’s $43B bid to buy company. Parent comment

Re:Twitter board adopts poison pill after Musk’s $43B bid to... by guyzero on Friday April 15, 2022 @07:59PM (#31047495)
"I don't like it" != financial distress.

From Twitter's 2021 10K:

"FY 2021 Highlights Total revenue was $5.08 billion, an increase of 37%, compared to 2020."

2021 net losses were $221M, which is a big improvement on $1.135B in 2020.

Honestly seems like things are really shaping up @ Twitter.

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Re:Twitter board adopts poison pill after Musk’s $43B bid to... by onelovetwo on Friday April 15, 2022 @08:05PM (#31047551)
https://twitter.com/cameron/status/1514977953079209985
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Re:Twitter board adopts poison pill after Musk’s $43B bid to... by fullshark on Friday April 15, 2022 @08:38PM (#31047764)
I’m actually a bit amazed they aren’t profitable yet. Hasn’t their user base been stagnant/shrinking for years? What are they investing in?
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Re:Twitter board adopts poison pill after Musk’s $43B bid to... by quickthrowman on Friday April 15, 2022 @10:23PM (#31048677)
https://www.sec.gov/edgar/browse/?CIK=1418091&owner=exclude
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Re:Twitter board adopts poison pill after Musk’s $43B bid to... by guyzero on Friday April 15, 2022 @08:50PM (#31047872)
They were profitable in like 2017-2019. Their financials are public, it's easy to see at a macro level where the money is going.
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Re:Twitter board adopts poison pill after Musk’s $43B bid to... by Kye on Friday April 15, 2022 @08:04PM (#31047535)
I'm curious to see how this holds up without the events of January 6th driving so many ad impressions.
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