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Revenue puts a ceiling on profit. You can't sell at a loss and make it up in volume, but you also can't make more profits than revenue. Right now there are 36
by saalweachter 5y ago
Revenue puts a ceiling on profit. You can't sell at a loss and make it up in volume, but you also can't make more profits than revenue.
Right now there are 360,000 blue check marks on Twitter. If I spot you the first million blue checkmarks and the first 100,000 business profiles, that's only $144M of revenue per year. Even if that is 90% profit, $130M / year profit on a $50B investment is not particularly brag-worthy.