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It seems like if we balance the net loss and profit of Twitter over the last 10 years it's about one billion in losses. That's just about what has been added in
by quonn 4y ago
It seems like if we balance the net loss and profit of Twitter over the last 10 years it's about one billion in losses. That's just about what has been added in interest for each year now post acquisition. So it seems like Twitter could have operated more or less indefinitely with just the interest of about 3 or 4 years?
From an economic point of view everyone is worse off now: The employees who presumably have to commute, all those who lost their jobs and those who lost the business of those employees and finally the users.
How is this good in any way?