319 million monthly active users. Say roughly half are bots that's still 150 million users and if only 83 million we converted to pay a dollar a month for a better experience (no ads, no bots, and some other value ad) it'd be another a billion in almost pure profit every year. I don't know. J just want the service to stay around though it could improve.
In the past this has been a sustainable theory. Growth in the physical world through railroads or petroleum were much slower and far less directly tied to a single person. So from the perspective of investors it seems like a reasonable argument. What we're seeing for the first time with Twitter, Facebook, and Snapchat is the maximum size that physics allows.
Exactly I'm thinking growing revenue so as to not fold. Maybe though they never should have gone public. Maybe the business model just doesn't exist for them to be profitable and maybe people have moved on from twitter to Facebook and Snapchat.