News for hackers. Stuff that matters.
Re:How Quora died by marcus0x62 on Saturday February 03, 2024 @04:21PM (#39244871)
Post Elon, they are not-turning-a-profit.
Re:How Quora died by miohtama on Saturday February 03, 2024 @06:57PM (#39245990)
They will, but it would likely need restructuring the debts and the cap table, and would not be Elon's Twitter anymore.
Re:How Quora died by marcus0x62 on Saturday February 03, 2024 @07:49PM (#39246358)
Yes, if the business was different, it would be different.
Re:How Quora died by prepend on Saturday February 03, 2024 @05:17PM (#39245327)
Are their losses greater or less than pre purchase. I know revenue is down, but I wonder how the cost cuts affected margin.
Re:How Quora died by StackRanker3000 on Saturday February 03, 2024 @06:56PM (#39245985)
Don’t forget the massive amount of new debt that needs servicing.
Re:How Quora died by simonw on Saturday February 03, 2024 @05:40PM (#39245496)
They made a profit in 2018 and 2019 ($1.2bn and $1.45bn according to SEC filings) but not in any other year.
Re:How Quora died by Aeolun on Saturday February 03, 2024 @08:07PM (#39246483)
Presumably they could have done Elon’s massive firing spree at any point in time and become profitable overnight?