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Twitter was headed straight to bankruptcy though… what would the valuation be, of a bankrupt company?
by znpy 3y ago
Twitter was headed straight to bankruptcy though… what would the valuation be, of a bankrupt company?
- spikels 3y agoSo is Reddit
- Timon3 3y agoWhy do people keep repeating this? Twitter was not heading "straight to bankruptcy". They became profitable in 2018. Due to lawsuits they lost a good amount of money in 2020, but things got better towards 2021 again. They were far from bankruptcy, only since Musk settled them with additional debts are they heading towards it full speed. https://www.statista.com/statistics/274563/annual-net-income-of-twitter/ https://www.statista.com/statistics/274563/annual-net-income...