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You have to start somewhere. Since Twitter was so deep in the red for so long anyway they have a mountain to climb
by ekianjo 3y ago
You have to start somewhere. Since Twitter was so deep in the red for so long anyway they have a mountain to climb
- johneth 3y agoThe reason Twitter's so deep in the red right now is because of the leveraged buyout by Musk. Pre-acquisition Twitter was, at worst, treading water. Musk's mismanagement is what's causing Twitter's current poor financial state.
- 3cats-in-a-coat 3y agoTwitter wasn't in the red. It was roughly break even, with way over half of quarters in past 5 years profitable pre-Musk. You bought a history rewrite peddled by Musk himself. Twitter was never a failing company. It was just a mediocre company. But now... now it's a rapidly failing company, propped up by Musk selling a few billion in TSLA shares late last year.