2 ms·
Do you have a source on that? I've read several articles claiming that Twitter was only ever profitable in 2018-2019. e.g. https://sites.lsa.umich.edu/mje/2022
by olalonde 4y ago
Do you have a source on that? I've read several articles claiming that Twitter was only ever profitable in 2018-2019. e.g.
https://sites.lsa.umich.edu/mje/2022/12/21/twitter-and-its-fight-for-profitability/ https://sites.lsa.umich.edu/mje/2022/12/21/twitter-and-its-f...:
> Twitter has been operating at a massive loss for years, failing to book an annual profit since 2019 (Mauer, 2022). For eight out of the last ten years, the company has posted a loss.
- shagmin 4y agoIt was profitable those 2 years, then they lost a big lawsuit which caused a pretty big loss in 2020. But overall since its IPO 2013 and 2020 were the only years where its cashflow actually got worse - overall it was trending towards a more sustainable cashflow. By silicon valley/US corporation standards that's far from a dumpster fire or anything. https://www.netcials.com/financial-net-profit-year-quarter-usa/1418091-TWITTER-INC/ https://www.netcials.com/financial-net-profit-year-quarter-u...