> With only ~20% of its original headcount, I have to assume Twitter is profitable, even if it lost half its advertising revenue. This is a terrible assumption

> With only ~20% of its original headcount, I have to assume Twitter is profitable, even if it lost half its advertising revenue. This is a terrible assumption. Not only do they have massive infrastructure cost but he also saddled the company with over $1 billion / year in interest costs on the loans he used to buy the company.