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risenphoenixkai t1_iyjmqm6 wrote

Unless I’m reading this chart wrong, then even if Twitter retains its current user base and ARPU, it will take over 12.5 years for it to have accumulated revenue in excess of its $44 billion purchase price.

With users and advertisers bailing on the platform in not insignificant numbers, that 12.5 years is only going to get a lot longer without some kind of positive changes.

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attaboyyy t1_iykdsv0 wrote

You're reading the chart correctly for revenue but misinterpreting that revenue is not net-income. Twitter loses an average of $500M a year after all that revenue+costs which only makes his 44B purchase all the more perplexing. He far overpaid for a historically money losing venture, and sure if he can start to make it profitable, which happened twice in twit-history for an at best $1.5B that year .. that's a long 30yr/break even

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risenphoenixkai t1_iyke7df wrote

Ah yeah, fair enough. I forgot about totally unimportant things like overhead, operating costs, wages, taxes, etc. Though from the sounds of things, I’m not the only one who overlooked those…

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