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Started By
Message
X/Twitter is already cash flow positive per a Bloomberg reporter
Posted on 10/9/23 at 8:59 am
Posted on 10/9/23 at 8:59 am
LINK
Still not out of the woods as servicing the debt isn't cheap but they are on their way
I guess it turns out that firing a ton of people who weren't needed is good for the bottom line
Remember some of you who were melting and saying Elon was running Twitter into the ground and it wouldn't be around much longer? I remember a lot of people saying he would lose that $44 billion and how dumb he is.
This post was edited on 10/9/23 at 9:02 am
18
Posted on 10/9/23 at 9:00 am to stout
Its almost as if the richest man on earth is good at business
Posted on 10/9/23 at 9:00 am to Fun Bunch
quote:
Its almost as if the richest man on earth is good at business
Posted on 10/9/23 at 9:02 am to stout
It seems like twitter could be run with just a few hundred people
Posted on 10/9/23 at 9:03 am to stout
You member when Threads was going to shut down X?
Posted on 10/9/23 at 9:03 am to stout
Elon just keeps winning. Dude needs to run for president
Posted on 10/9/23 at 9:03 am to stout
Who isn't cash flow positive when you don't include your debts?
Posted on 10/9/23 at 9:03 am to Cosmo
quote:
It seems like twitter could be run with just a few hundred people
They are down to 1300. They had over 7000 before he took over
Posted on 10/9/23 at 9:04 am to stout
Hey guys twitter is making money as long as you don't factor in the biggest expense they must pay.
ETA: pic of Stout drafting this thread:
ETA: pic of Stout drafting this thread:
This post was edited on 10/9/23 at 9:07 am
Posted on 10/9/23 at 9:04 am to TheOcean
quote:he’s African.
Elon just keeps winning. Dude needs to run for president
Posted on 10/9/23 at 9:04 am to stout
He is still running Twitter into the ground.
Posted on 10/9/23 at 9:04 am to saint tiger225
quote:
You member when Threads was going to shut down X?
Does anyone still use Threads at all?
Posted on 10/9/23 at 9:05 am to stout
I am also cash flow positive if you ignore my monthly debt service.
Posted on 10/9/23 at 9:05 am to JohnnyKilroy
quote:
Hey guys twitter is making money as long as you don't factor in the biggest expense they must pay.
Yea I get that but the news is they show progress towards that milestone. It's showing that they are moving in the right direction.
Posted on 10/9/23 at 9:06 am to justaniceguy
quote:
He is still running Twitter into the ground.
Start your own. That's what Rs who hated the old Twitter were told
Posted on 10/9/23 at 9:07 am to Who_Dat_Tiger
That didn't stop Obama from winning
Posted on 10/9/23 at 9:07 am to mahdragonz
quote:
Who isn't cash flow positive when you don't include your debts
+1 Elon's complained a lot about how much advertising money they've lost. He blames the Antidefamation league for scaring off advertisers.
Posted on 10/9/23 at 9:08 am to stout
quote:
Yea I get that but the news is they show progress towards that milestone. It's showing that they are moving in the right direction.
Posted on 10/9/23 at 9:08 am to justaniceguy
quote:
He is still running Twitter into the ground.
I'm a fan of Elon, but some of the decisions he's made since taking over Twitter are mind-boggling
Posted on 10/9/23 at 9:09 am to RLDSC FAN
quote:
He blames the Antidefamation league for scaring off advertisers.
They issued a statement and bought ads on X last week.
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