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Twitter says it could turn first-ever profit

reuters.com

1–10 of 252 posts

Re: Twitter says it could turn first-ever profit

#5
It's not mentioned in the article, but I really think President Trump has been a savior for Twitter.

Without those controversial tweets, Twitter would rarely be in much of the public's mind, and the company would have continued its slow slide into irrelevance. As it is, barely a day goes by without "Twitter" being mentioned in national news.

Re: Twitter says it could turn first-ever profit

#6
post #3

They would be profitable in an instant if they'd get rid of half their employees? Im not sure why they need SO many people for Twitter. I believe they have over 4000, they could easily get by with 1000

I'd fully expect many of those 4,000 to be sales staff, each of whom presumably brings in more than their salary in revenue to remain employed.

Re: Twitter says it could turn first-ever profit

#7
post #5

It's not mentioned in the article, but I really think President Trump has been a savior for Twitter. Without those controversial tweets, Twitter would rarely be in much of the public's mind, and the company would have continued its slow slide into irrelevance. As it is, barely a day goes by without "Twitter" being mentioned in national news.

[deleted]

Re: Twitter says it could turn first-ever profit

#8

More and more these social media platforms feel like scheme's. Round after round of funding without ever reaching profitablity

There's always the option to simply not invest. For those platforms still in a pre-IPO state, you probably can't invest, even if you want to. For Twitter, it's easy enough to not buy the stock, and, indeed, if you bought in Jan 2014, you probably wish you hadn't. But if you bought yesterday, you're probably happy enough right now.

Re: Twitter says it could turn first-ever profit

#9
post #3

They would be profitable in an instant if they'd get rid of half their employees? Im not sure why they need SO many people for Twitter. I believe they have over 4000, they could easily get by with 1000

Instagram had around 20 employees when Facebook bought them.

I've often wondered how Twitter ended up with so many people as well. I'd love to see a breakdown of what they are all doing.

Re: Twitter says it could turn first-ever profit

#10
post #5

It's not mentioned in the article, but I really think President Trump has been a savior for Twitter. Without those controversial tweets, Twitter would rarely be in much of the public's mind, and the company would have continued its slow slide into irrelevance. As it is, barely a day goes by without "Twitter" being mentioned in national news.

Anyone know if any Twitter execs (like Jack) have been donating to any Trump "foundations"?
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