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rasvial t1_jdi4jwh wrote

Reply to comment by [deleted] in Twitter to Revoke ‘Legacy’ Verification Badges in April, Leaving Only Paying Subscribers With Blue Check-Marks by 08830

I think you're absolutely kidding yourself if you think you're not defending him. The company was near profitable, and he burned the real revenue- ADS. if you look at streaming for example, you might think "it's because they charge all the users a monthly fee that keeps the lights on" but generally it's not even a third of the money pulled in by advertising to those users.

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grkfx t1_jdjkrqy wrote

It wasn’t near profitable that’s completely laughable

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[deleted] t1_jdjr1v1 wrote

It was much closer than it is now, or likely will be for the foreseeable future.

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rasvial t1_jdjtex3 wrote

It was, they just needed to expose their data in a way that would better allow for sane advertisement to get good reach, then the cpm increases and revenue follows. Now they've got no hope.

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