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I'm naive about business but I just don't understand what Twitter even needs a LOT of money for. Yes, they need some funds to run servers, update apps, and the
by WhompingWindows 7y ago
I'm naive about business but I just don't understand what Twitter even needs a LOT of money for. Yes, they need some funds to run servers, update apps, and the usual internet company maintenance...but it's not like FAANG companies, which have a lot of ancillary products and services, many of which are big and expensive risks...but that's what investors signed up for, an ambitious innovative mission.
Couldn't/shouldn't Twitter's mission be to distribute 140 characters from one person to many others...what do they need huge revenue and profits for?