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Well, Twitter is not burning through as much cash anymore now that most of the people are gone… Cutting the burn rate is a clear and sensible part of Musk’s st
by snowwrestler 4y ago
Well, Twitter is not burning through as much cash anymore now that most of the people are gone…
Cutting the burn rate is a clear and sensible part of Musk’s strategy. The more he lowers Twitter’s expenses, the more time he gives Twitter to try new things.
He’s done a terrible job of executing it, but that part of the business strategy, at least, is sound.
- absrd 4y ago"burning cash" in this context doesn't refer to the literal burn rate, it's more that he's spending a great deal of money without presenting any clear vision or direction for the company
- snowwrestler 4y agoI agree that is what is happening, but that’s not what “burning cash” means. Which was the point of my comment.