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Twitter lost 500MM to 1000MM a year for the last 12 years. Not a company in financial crisis? In what universe?
by PM_me_your_math 4y ago
Twitter lost 500MM to 1000MM a year for the last 12 years.
Not a company in financial crisis?
In what universe?
- blitzar 4y ago> Twitter lost 500MM to 1000MM a year for the last 12 years. That did not occur in this universe
- pavlov 4y agoAccumulated past losses are typical for growth companies. Uber has about $33 billion in accumulated losses on its balance sheet. It's not any kind of automatic death sentence, just a sign that investors really wanted to pour money into this company over a long period of time.