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by sumeno 1091 days ago
Why is it suddenly so costly only after Elon took over considering Twitter was borderline profitable before he took over?
1 comments

it was never profitable
Wrong, they had net profits 15 out of 18 quarters from 2018-2022

https://www.statista.com/statistics/299119/twitter-net-incom...

Also, probably fairly considered the cost of doing business, but that includes a substantial fine Twitter had to pay. And Covid troubles.

Just good to know for context.

I’m really not sure where this narrative is coming from. It‘s always so weird to me. Why be so wrong?