this post was submitted on 01 Jul 2023
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[–] [email protected] 4 points 1 year ago (1 children)

Twitter was profitable before Elon.

[–] [email protected] 1 points 1 year ago (1 children)

Not really. It might have had a profitable quarter or a profitable year now and again, but overall it was a highly unprofitable company almost every year it was public. That was before the current moment where ad rates have collapsed on every platform which is why many other companies which depend on advertising have been suffering at the same time.

Besides Twitter, a lot of ad reliant businesses are in big trouble this year.

[–] [email protected] 1 points 1 year ago

Sounds like you're making assumptions. And I'm telling you that it was profitable before purchase. It doesn't matter where it would be today or where they were before being profitable because both of those things aren't relevant.