4 ms·
Isn't your sample biased? Distressed companies are more likely to attract takeover attempts (hostile or not) compared to healthy ones; and they are also more li
by sangnoir 5y ago
Isn't your sample biased? Distressed companies are more likely to attract takeover attempts (hostile or not) compared to healthy ones; and they are also more likely to tank. As far as I can tell, Twitter is not in financial distress.
- onelovetwo 5y agofrom my understanding they've been going downhill for quite some time.
- guyzero 5y ago"I don't like it" != financial distress. From Twitter's 2021 10K: "FY 2021 Highlights Total revenue was $5.08 billion, an increase of 37%, compared to 2020." 2021 net losses were $221M, which is a big improvement on $1.135B in 2020. Honestly seems like things are really shaping up @ Twitter.
- Kye 5y agoI'm curious to see how this holds up without the events of January 6th driving so many ad impressions.
- onelovetwo 5y agohttps://twitter.com/cameron/status/1514977953079209985 https://twitter.com/cameron/status/1514977953079209985
- deleted 5y ago[deleted]
- fullshark 5y agoI’m actually a bit amazed they aren’t profitable yet. Hasn’t their user base been stagnant/shrinking for years? What are they investing in?
- guyzero 5y agoThey were profitable in like 2017-2019. Their financials are public, it's easy to see at a macro level where the money is going.
- quickthrowman 5y agohttps://www.sec.gov/edgar/browse/?CIK=1418091&owner=exclude https://www.sec.gov/edgar/browse/?CIK=1418091&owner=exclude
- deleted 5y ago[deleted]