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> Stuff like losing $4M/day have been said by friends who aren't in tech. That's only after the leveraged buyout saddling them with $1bn/year in debt payments.
by zimpenfish 4y ago
> Stuff like losing $4M/day have been said by friends who aren't in tech.
That's only after the leveraged buyout saddling them with $1bn/year in debt payments. According to their 2021 financials[1] they lost $221m (~$600k/day) after a settlement payout of $809m (which I think means they made ~$588m or ~$1.6m/day, no?)
[1] https://news.yahoo.com/twitter-posts-loss-2021-stock-130128001.html https://news.yahoo.com/twitter-posts-loss-2021-stock-1301280...
- skinnymuch 4y agoThis suggests people are being harsher with Twitter than they should be. Hah.