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So in other words, they needed $1 Billion dollars in order to have enough money to make money from the $1 Billion dollars?
by pitchups 14y ago
So in other words, they needed $1 Billion dollars in order to have enough money to make money from the $1 Billion dollars?
- quanticle 14y agoIt's like a rocket. Most of the fuel in a rocket goes towards lifting the rest of the fuel. Likewise, Twitter needs that level of investment to scale to the point where it can make a return on that level of investment.
- 001sky 14y agoThis is a good analogy. But with 800m raised in 2011, arguably when they were close "escape velocity" already, its also a fair point to wonder if destiny could have been any different with less $$$ weighing them down.
- potatolicious 14y agoYeah, it's pretty perverse. I sometimes wonder how many AirBnb's and Squares we could've gotten for the price of Twitter.
- fusiongyro 14y agoSounds to me like the ultimate a posteriori argument.