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by devwastaken 1240 days ago
Twitter was doing amazing, until sold. You're thinking in traditional business, not silicon valley type. Twitters original investors got all their money back out of it. That was the goal. Not a service that was efficient or could live off of having less.

By having all those workers and features in the works, it prolonged their position and increased evaluation. Which as we can see worked amazingly. Usually they would have sold to a tech giant like Microsoft or Facebook. An entity that can eat the cost because they don't know what to do with themselves and don't care about profits.

Musk won't make back what they bought Twitter for, not even close, and neither would have the original investors if nobody bought it.