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by nomel
1243 days ago
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> filled with ads and irrelevant clutter. I always assumed the third party clients just provided a better interface. I didn't realize they circumvented the income stream. If the third party clients were removing the means of monetization, for a company who struggles to profit, then it seems obvious that requiring paid access on its way, regardless of the owner. Twitter can't go forever at a loss. The "surprise" is surprising. |
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But for nonrecurring expenses, Twitter was profitable before Musk’s buyout both torpedoed ad revenue (when it was announced, before it was even completed) and saddled it with massive expenses to finance the buyout.
The acquisition is literally the only reason it is any concern how long Twitter can operate at a loss.