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Swizec
on Jan 9, 2023
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Social Quitting
I agree. But a thriving social network that does not make.
ekianjo
on Jan 9, 2023
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A social network does not have to dominate the whole world to be useful and profitable.
zeruch
on Jan 9, 2023
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That applies to all commerce really, but the SV philosophy is "growth like a cordyceps on meth", so...
mkl95
on Jan 9, 2023
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It may be useful, but Twitter has not turned a profit for about four years.
ekianjo
on Jan 9, 2023
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I believe Musk is actively trying to change that. Whether he succeeds or not remains to be seen
mkl95
on Jan 9, 2023
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I wonder what Musk's plan looks like. ~90% of Twitter's revenue comes from ads, and they are not doing too well since Musk took over. He may have to double down on non Western markets where large companies are still willing to work with him.
olivermuty
on Jan 9, 2023
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By adding -1B per year in interest rates? Interesting strategy!
llamaimperative
on Jan 9, 2023
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Wasn’t it significantly profitable in 2019?
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