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Twitter is profitable with revenues of $732M. What’s your definition of a business failure?
by sebleon 9y ago
Twitter is profitable with revenues of $732M. What’s your definition of a business failure?
- GuiA 9y agoTwitter is profitable as of 2 weeks ago, and with just $91M in profits. Let's wait and see where this ship goes over the next 2-3 years before claiming victory.
- m3rc 9y agoIs Twitter now profitable? It was my understanding that throughout all of 2016 and 207 they were operating at a loss. And for a long time before that. If they're profitable this year it could be a turning point and I'd be wrong, at least going forward. But do we have enough data to support it at this point?
- PKop 9y agoLet me Google that for you... https://www.cnbc.com/2018/02/08/twitter-q4-2017-earnings-revenue.html https://www.cnbc.com/2018/02/08/twitter-q4-2017-earnings-rev...
- m3rc 9y agoSo... a simple yes would have sufficed. They were not profitable, now they are. They may not be later, we'll find out.
- PKop 9y agoYou were already told they were profitable, in fact it was the comment you were replying to: "Twitter is profitable with revenues of $732M". What more did you need?
- gdilla 9y agoTwitter has wracked up 2.5B in losses over like 11 years. Only now have they turned a profit. That is a failure in the time frame of its existence. http://time.com/4241716/twitter-losses-twtr/ http://time.com/4241716/twitter-losses-twtr/
- shaki-dora 9y agoTwitter is almost certainly worth more today than their historical losses, making them a success.
- gdilla 9y agoIs it? The opportunity cost of that $2.5B is what to compare to. You could have acquired instagram for half that, for example.