3 ms·
Twitter actually turned a profit only twice in 10 years (FY18/19) but then went right back to hemorrhaging money. There was ostensibly no reason for it beyond m
by PM_me_your_math 4y ago
Twitter actually turned a profit only twice in 10 years (FY18/19) but then went right back to hemorrhaging money. There was ostensibly no reason for it beyond mismanagement and staggering waste.
- smcl 4y agoNo objections over it being described as mismanaged and wasteful, but "failing" implies it was on the brink of collapse. It certainly wasn't my idea of a model company, but it wasn't exactly Lehman Brothers during the financial crisis.