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by user5994461 3521 days ago
Twitter is massively profitable. It makes billions in advertising.

(for every $1 twitter make, it spends $2, so their accounting is deep in the negative. But if they fire half the people (who are useless anyway) and stop spending money like madmen, they'll be positive, VERY POSITIVE. thanks to advertising revenues.)

2 comments

Twitter is massively unprofitable. 12 months ending 2015-12-31: loss of over USD500MM. 3 months ending 2016-06-30: loss of USD107MM.
Well I'm sure those are the reasons why Google pass on :)
They can't buy first and fire people afterwards. The cleansing would have dire effect on the alphabet parent company.
no need. Twitter announced it was firing ~20% of it's userbase.

Guess Google can swoop in and buy it now :)

Or they can repeat the process till they have 20% left ;)