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by kevinh 1318 days ago
Twitter spent more than a billion dollars on R&D in 2021, which more than eclipsed its net loss.
1 comments

Difference is Amazon spent a lot of it on durable infrastructure (datacenters, servers, fulfillment centers).

I don't know how Twitter spent its money, but seemingly on undifferentiated software (i.e. not durable) or moderation? Both of which are recurring expenses.