3 ms·
Twitter. Has been a (large) net loss since IPO, just finally started turning a profit. Ultimately, depends on what you mean by success. I don't know of any c
by linuxftw 8y ago
Twitter. Has been a (large) net loss since IPO, just finally started turning a profit.
Ultimately, depends on what you mean by success. I don't know of any companies that were VC cash burners, IPO'd, and then delivered great results over the next 5 years. I'd say that some must exist, surely, just don't know which they are.
- selectodude 8y agoFacebook
- rossdavidh 8y agoFB first hit cash positive in 2009: https://www.cbc.ca/news/technology/facebook-cash-flow-positive-signs-300m-users-1.826223 https://www.cbc.ca/news/technology/facebook-cash-flow-positi... IPO was in 2012. Very different than Lyft.
- screye 8y agoTo add to your point, Twitter's current stock price sits at ~75% of their IPO and their number of active users peaked at Q1 2018 (most likely boosted by Trump) and have been decreasing since. Twitter's situation may be worse than people think. Hardly a success.
- linuxftw 8y agoI'd say, as a brand twitter is successful. As an investment, probably not as much.