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How could you possibly know the KPIs and profitability of twitter at this moment? Especially since I assume you only consume anti-twitter content? None of us wo
by financypants 3y ago
How could you possibly know the KPIs and profitability of twitter at this moment? Especially since I assume you only consume anti-twitter content? None of us would buy a twitter share right now because we don’t have enough data to do so…
- mdhb 3y agoWe are literally in a thread taking about their only meaningful revenue source collapsing to the tune of hundreds of millions of dollars.
- financypants 3y agoI’m saying we don’t have first-hand sources for revenue, nor do we have first-hand sources for expenses, which we know to some degree have both declined.
- mdhb 3y agoEven Elon said just 3 weeks ago that it had lost more than half its value. Why are you so insistent on clinging to such a poor argument here? You don’t need some independent GAAP compliant audit to see that things were going exceptionally poorly before they lost the majority of their only meaningful revenue stream and that no sane person would start investing in it at this point. https://www.theverge.com/2023/10/30/23938969/x-twitter-valuation-19-billion-employee-shares https://www.theverge.com/2023/10/30/23938969/x-twitter-valua...
- _8j50 3y agoElon himself has stated a 50% loss of value since he purchased it, of course he did blame others for the loss.