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by gary_0
979 days ago
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> It fell not because the owners sought to grow it unreasonably Twitter was nicely profitable in 2018 and 2019[0], then went on an overzealous hiring/spending spree in 2020 and was in not-great financial shape by the time Musk happened. Maybe the previous owners could have turned it around, but we'll never know. [0] https://www.statista.com/statistics/274563/annual-net-income... |
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