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I am aware that revenue is not profit, we are on HN after all. While it is possible to run a company at a loss with extremely high revenue, contextually, you'r
by yamazakiwi 3y ago
I am aware that revenue is not profit, we are on HN after all.
While it is possible to run a company at a loss with extremely high revenue, contextually, you're making excuses for a company that could easily keep running with 2.8 Billion dollars yearly.
It's likely that after they extract more money from creators they will increase their spend more to maintain operating at a loss. At what point does it end?
- viknesh 3y agoIf your claim is "2.8 billion in revenue is enough to run twitch profitably", I'd love to see the numbers backing that up. What's the cost of serving videos, acquiring advertisers, etc. Otherwise it's just wild speculation.
- yamazakiwi 3y agoIf you were looking at the product and that number reasonably, you would realize that it doesn't take wild speculation.