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Two billion in revenue is a lot less impressive when you consider that they spent half a billion more than that in the process. Generally, people like their bu
by Kadin 10y ago
Two billion in revenue is a lot less impressive when you consider that they spent half a billion more than that in the process.
Generally, people like their businesses to reliably turn $1 into $2 over time, not turn $2.50 into $2 over and over.
Particularly if what you do with the other $0.50 is build something that's only valuable because of the group behavior of a few billion fickle users who will almost certainly desert you at some point in the future for something newer and shinier.
But nice work if you can get it in the meantime.
- katzgrau 10y agoGenerally, people like their businesses to reliably turn $1 into $2 over time, not turn $2.50 into $2 over and over. I genuinely laughed out loud that you qualified that with "generally." Some quality dry sarcasm if I've ever heard it.
- eridius 10y ago> a few billion fickle users If Twitter actually had a few billion users it would be pretty valuable. IIRC it has just a few hundred million.