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If Twitter hasn't been profitable for years, and is losing 4 million a day then aren't they already bankrupt?
by itronitron 4y ago
If Twitter hasn't been profitable for years, and is losing 4 million a day then aren't they already bankrupt?
- pmcjones 4y agoThey weren't losing as much in the past as they are now.
- x0x0 4y agoSome of it was an accounting loss as I understand it. Eg last year they lost $200m-ish, but $600m of that was stock-based compensation. So they were cash flow positive. Of course taking a company private means you can't use the market to pay your employees...