Submitted by northmania t3_116gc2k in technology
BenWallace04 t1_j98cnmw wrote
Reply to comment by Mr_Xolotls in Meta announces paid blue verification tick on Facebook and Instagram: Details by northmania
Twitter has never been profitable
nockeenockee t1_j993a5n wrote
It made money in 2018 and 2019.
BenWallace04 t1_j993v66 wrote
So being slightly profitable for 2 years out of a 17 year existence is something to brag about?
Why would others follow suit? That doesn’t sound like a sustainable model.
Reddit-SFW t1_j997n0w wrote
He was just correcting your incorrect statement, not bragging about it.
BenWallace04 t1_j9985u3 wrote
I was being hyperbolic.
I didn’t literally go through ever yearly Twitter financial statement.
The amount of net losses they have faced in 17 years renders those two years moot and then some.
Reddit-SFW t1_j998tp0 wrote
It didn’t translate well over text. But carry on…
[deleted] t1_j99dz1c wrote
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nockeenockee t1_j99bufb wrote
Accuracy is important. Twitter was never making huge profits, but it was a sustainable company.
[deleted] t1_j99wfci wrote
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