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by tgma 896 days ago
According to rando analysts who don't have a stake. Note that Twitter pre X as a business was unsustainable and I don't think it ever made a net profit in aggregate over its lifetime. It was all selling the dream even before the acquisition.
1 comments

> According to rando analysts who don't have a stake.

Says another rando who doesn't have a stake.

It was starting to be sustainable: https://www.businessofapps.com/data/twitter-statistics/

I don't know exactly what they did in 2020 to mess up their numbers, but 2017 - 2021 shows a company that was stabilizing at ok profit margins.

You state that as if your link does not substantiate what I said earlier. For the benefit of the people who don’t click on the link you cite, it simply proves as I said, that they never made an aggregate profit over their lifetime and you are linearly extrapolating the past (“starting to become…”) coming into the high interest rate environment where peers like $FB and $SNAP crashed and Twitter would surely have too.