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>Why can't Twitter just be happy being Twitter, knowing its limits and making a stable profit? The short answer? Because they don't make money. I guess it's
by gozur88 10y ago
>Why can't Twitter just be happy being Twitter, knowing its limits and making a stable profit?
The short answer? Because they don't make money.
I guess it's possible you could grow your company to a point where you say "Okay, we've filled our niche. Growing more doesn't make sense, so we'll just extract as much cash as we can."
The problem is you have to make money to do that. Twitter doesn't make money and never has. They can say "Well, we're still growing, and that costs money, but at some point we'll monetize that growth and make tons of money," but it's only credible as long as they're growing.
- enraged_camel 10y agoI think they have good revenue, but their insanely high expenses (coming mostly from the high number of employees, but probably other things that assume hyper growth too) make it impossible to turn a good profit.
- dbbk 10y agoThey have just under 4,000 employees and spent $2.7 billion last year. Surely that can't be just it?
- artursapek 10y agoI think if Twitter settled down and optimized they could probably be making a healthy profit. That's sort of what I was getting at in my OP.
- gozur88 10y agoI doubt they can do it. We'll see.