4 ms·
What the heck? The only thing accurate in this post is that Twitter has not yet made a quarterly profit... The rest is pure nonsense, most of it being quite mal
by drakonandor 10y ago
What the heck? The only thing accurate in this post is that Twitter has not yet made a quarterly profit... The rest is pure nonsense, most of it being quite malicious, and some being uneducated misconceptions.
Investment is not revenue. Their revenue comes from advertising.
Businesses do not need to make a profit in order for people to receive a return on investment. People will always be willing to invest in a company that shows that it may have good growth in the future. Costs can be cut at any time, resulting in an easy profit. The investors care more about growth than profit, as it is a young company.
It's really not ok to accuse people of scams without any evidence just because you don't understand how businesses work.