[Consultant32452]

Twitter may be its own best argument. Twitter had 1,000 employees in 2012 and 200M MAUs. They only have about 50% more MAUs now, 10 years later.

[sidibe]

They weren't making money with those 1000 employees, either. Revenue 10X'd since then (along with cost).

WhatsApp/YouTube were in the same boat when purchased. Good at getting active users but monetizing takes a lot of employees and they hadn't tackled that yet when acquired