3 ms·
Frankly, I keep waiting for the big bang implosion there, but it seems like it's just going to be a long pathetic whimper.
by cmrdporcupine 3y ago
Frankly, I keep waiting for the big bang implosion there, but it seems like it's just going to be a long pathetic whimper.
- rchaud 3y agoThe implosion has already occurred. Over 80pct of their pre-takeover headcount is gone. Pricing their API in five-figure sums tells you their ad business is dead. And they're on the hook for $1.2 billion in interest payments annually. Are they even making that in revenue now? We won't know because they're privately held.