Re:Tweetbot. April 2011 – January 2023
by dragonwriter on Friday January 20, 2023 @04:28PM
(#34460198)
> Twitter can’t go forever at a loss.
But for nonrecurring expenses, Twitter was profitable before Musk’s buyout both torpedoed ad revenue (when it was announced, before it was even completed) and saddled it with massive expenses to finance the buyout.
The acquisition is literally the only reason it is any concern how long Twitter can operate at a loss.
But for nonrecurring expenses, Twitter was profitable before Musk’s buyout both torpedoed ad revenue (when it was announced, before it was even completed) and saddled it with massive expenses to finance the buyout.
The acquisition is literally the only reason it is any concern how long Twitter can operate at a loss.