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Twitter has a market cap of $13 billion mostly because of content produced by its users. The only possible way it can make money is by showing ads to users (get
by astazangasta 10y ago
Twitter has a market cap of $13 billion mostly because of content produced by its users. The only possible way it can make money is by showing ads to users (getting them to do free labor).
- mountaineer22 10y agoWhat does profit have to do with market cap.?
- Dylan16807 10y agoIt is really strange to me to see this comment downvoted without anyone giving a justification.
- hiou 10y agoI didn't down vote you because I don't agree with anonymously down voting people when I disagree with a comment like a sneaky coward, but maybe I can shine a little light on a possible disagreement. Twitter is made up of it's shareholders and workers. The workers have been receiving a salary(profit essentially). Twitter shareholders make money when the market cap goes up(profit essentially). It's likely a semantics discussion about what "profit" specifically means to each person more than anything.
- danielweber 10y agoThe joke was that Twitter isn't profitable.
- dboreham 10y agoIt can also make some money by selling data.