nuff said

    • RidcullyTheBrown@lemmy.world
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      1 year ago

      and the metric is growth

      No, not really. The metric is growth only for those who aren’t profitable. They use growth as a promise of future profits.

      Meta/Facebook is turning in a huge profit each ear. Nobody cares about the user count that much anymore unless it sharply falls.

      Twitter is different. Twitter didn’t really make a profit yet. They aren’t profitable.

    • SulaymanF@lemmy.world
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      1 year ago

      Musk crumpled the cashflow pretty quickly in weeks, but he also has a lot of wealth, he had to chip in billions of his own dollars to save the company from his mistakes.

    • traveler01@lemmy.world
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      1 year ago

      Musk wasted a shitload of money to make it private. Twitter is wasn’t even close to being a net neutral business, was downright a hole of money the investors kept feeding because well, it’s Twitter.

      Musk bought the brand, he was well aware that this was going to happen.