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These companies usually end up spending a fortune on advertising and overhead. One would 'expect' Twitters 'costs' to be low as well, I mean, it's a very simpl
by alexasmyths 9y ago
These companies usually end up spending a fortune on advertising and overhead.
One would 'expect' Twitters 'costs' to be low as well, I mean, it's a very simple service, and 'infrastructure costs' are not huge for them.
And yet - they still lose money.
Taking on a huge amount of money is an easy way to start being inefficient. This is looking like an 'Etsy' story.