Re:How Quora died
by marcus0x62 on Saturday February 03, 2024 @04:21PM
(#39244871)
Post Elon, they are not-turning-a-profit.
[ Parent
| on HN ]
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.
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.
They made a profit in 2018 and 2019 ($1.2bn and $1.45bn according to SEC filings) but not in any other year.