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by sebleon 3043 days ago
Twitter is profitable with revenues of $732M. What’s your definition of a business failure?
3 comments

Twitter is profitable as of 2 weeks ago, and with just $91M in profits. Let's wait and see where this ship goes over the next 2-3 years before claiming victory.
Twitter has wracked up 2.5B in losses over like 11 years. Only now have they turned a profit. That is a failure in the time frame of its existence. http://time.com/4241716/twitter-losses-twtr/
Twitter is almost certainly worth more today than their historical losses, making them a success.
Is it? The opportunity cost of that $2.5B is what to compare to. You could have acquired instagram for half that, for example.
Is Twitter now profitable? It was my understanding that throughout all of 2016 and 207 they were operating at a loss. And for a long time before that. If they're profitable this year it could be a turning point and I'd be wrong, at least going forward. But do we have enough data to support it at this point?
So... a simple yes would have sufficed. They were not profitable, now they are. They may not be later, we'll find out.
You were already told they were profitable, in fact it was the comment you were replying to:

  "Twitter is profitable with revenues of $732M". 
What more did you need?