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Yes it's crazy; if you add up R&D + Sales, the total is $1.6B; their revenue is only $2.2B... And that's without factoring in the costs of simply keeping the bu
by jondubois 10y ago
Yes it's crazy; if you add up R&D + Sales, the total is $1.6B; their revenue is only $2.2B... And that's without factoring in the costs of simply keeping the business running - They still need to pay datacenter costs and salaries related to the ongoing maintenance of the site.
When you look at the billions of R&D dollars which were spent over the past few years, you have to wonder where all the money went. I can't remember the last time Twitter released an innovative product... If ever.
It's not like they were spending their R&D on high-risk ventures like finding a cure for cancer or building a quantum computer. With the kind of R&D they do, you expect to see results at reasonable intervals...
I wouldn't be surprised if there is some kind of fraud going on.