4 ms·

a website for posting small snippets of text is not a business

• mikeyouse 12y ago
  A website for posting small snippets of text that makes over $1B/year is certainly a business though.
  • ulfw 12y ago
    A website for posting small snippets of text that makes $1/year and yet still isn't able to generate profits out of that billion is a bit of a different story.
    • mikeyouse 12y ago
      Has there ever been a service with 250M MAUs that couldn't make a profit? Twitter's been focusing on growth (+100M users in past 1.5 years) and increasing margins (they're strongly operating cash flow positive). I don't have a position in the stock but it seems like they're going to be just fine.