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https://twitter.com/elonmusk/status/1680082007873953794 https://twitter.com/elonmusk/status/1680082007873953794 > We’re still negative cash flow, due to ~5
by ryzvonusef 3y ago
https://twitter.com/elonmusk/status/1680082007873953794 https://twitter.com/elonmusk/status/1680082007873953794
> We’re still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load. Need to reach positive cash flow before we have the luxury of anything else.
I maintain my assertion that what might kill twitter is not threads or any other competitor, but simple cashflow problems.
Elon is asset-rich but cash-poor, and I don't know how long he can fund his current hobby.