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You're getting downvoted, but you're correct. Twitter was profitable in 2018 and 2019. It then took a bath in 2020 (like almost all advertising-based businesses
by chimeracoder 3y ago
You're getting downvoted, but you're correct. Twitter was profitable in 2018 and 2019. It then took a bath in 2020 (like almost all advertising-based businesses), and then was projected to recover to profitability in 2022 before Musk announced the takeover, which threw everything into a tailspin.
- throwaway2990 3y agoIt wasn’t projected to recover. It was struggling. They had wayyy too many people working there.