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>Extremely poorly. It’s hemorrhaging money Was Twitter in any way profitable before Musk took over, or was it coasting on zero interest investor money on the p
by FirmwareBurner 3y ago
>Extremely poorly. It’s hemorrhaging money
Was Twitter in any way profitable before Musk took over, or was it coasting on zero interest investor money on the premise that "one day" it will be profitable?
>Competitors are arising where almost none existed for about a decade and a half.
Competitors rise all the time, the question is which have the sticking power to beat Twitter.
- coldpie 3y agoYou can google this, but the short answer is yes, Twitter was profitable before the takeover. https://www.statista.com/statistics/299119/twitter-net-income-quarterly/ https://www.statista.com/statistics/299119/twitter-net-incom...
- mmiyer 3y agoTwitter had multiple profitable quarters before Musk tool over