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Posted on 10/9/23 at 9:11 am to stout
quote:
Does anyone still use Threads at all?
Found this from October 4th...
NY Post: So much for Meta’s ‘Twitter killer’: Major brands shun Threads, traffic plunges 80%
quote:
Many of the nation’s top brands and celebrities have stopped posting on Meta’s new social network Threads — billed as a “Twitter killer” at the time of its splashy summer debut — as user traffic has plunged by more than 80%.
The National Football League, the wealthiest and most powerful sports league in the country, has not bothered to post on Threads in seven weeks.
Coca-Cola’s last post on Threads was a week ago while fast food giant McDonald’s hasn’t provided fresh content on the app for nearly two months.
Madison Square Garden’s official Threads account has not posted anything new in three months since first joining the app.
Five days after Threads was unveiled in July, parent company Meta revealed a staggering100 million users had signed up — nearly half of the 225 million active daily users that are on X, the social network formerly known as Twitter that’s now owned by Elon Musk.
Meta, however, achieved the eye-popping figure mainly because it automatically grants Instagram account holders with their own Threads page.
At its peak in July, Threads drew an average of 49.3 million daily active users on Android, according to the research firm Similarweb.
That number has since dipped to 8.6 million — an 82% drop.
Posted on 10/9/23 at 9:12 am to tigeralum06
quote:
I am also cash flow positive if you ignore my monthly debt service.
So, you have negative cash flow? Cut back on the cocaine my man.
Posted on 10/9/23 at 9:14 am to saint tiger225
quote:
At its peak in July, Threads drew an average of 49.3 million daily active users on Android, according to the research firm Similarweb.
That number has since dipped to 8.6 million — an 82% drop.
Damn
Posted on 10/9/23 at 9:17 am to TheOcean
quote:
Elon just keeps winning. Dude needs to run for president
He can't. He'll have to find other ways to Anti-Crist.
Posted on 10/9/23 at 9:28 am to justaniceguy
Posted on 10/9/23 at 9:30 am to tigeralum06
quote:
I am also cash flow positive if you ignore my monthly debt service.
I would hope you’re cash flow positive not ignoring monthly debt service.
I don’t think anyone’s investing in you
Posted on 10/9/23 at 9:34 am to stout
quote:
X/Twitter is already cash flow positive
But your own link says they are not
Posted on 10/9/23 at 9:48 am to JohnnyKilroy
quote:
Hey guys twitter is making money as long as you don't factor in the biggest expense they must pay.
Here's a l'il learnin' for ya baw:
In publicly traded companies, or any large company, one of the most important metrics for valuing the company's future is EBITDA - Earnings Before INTEREST, Taxes, Depreciation and Amortization.
X, as a software services company, has very little DA compared to conventional companies its size, other than amortization of the loans. Its primary expense is I, interest on those loans.
The way that banks and investors will look at this is "Loans will be paid down in time, potential for the company is there because earnings are positive." In other words, the I and A have fixed timelines, and are not likely to increase because E is +. If anything, they will go down with more favorable financing as E continues its + trend.
This ain't like you payin on your doublewide, a 10 year old Camaro, and child support working a dead end jerb for your E.
Posted on 10/9/23 at 9:50 am to TigerHornII
quote:
TigerHornII
Posted on 10/9/23 at 10:00 am to TigerHornII
quote:
In publicly traded companies, or any large company, one of the most important metrics for valuing the company's future is EBITDA - Earnings Before INTEREST, Taxes, Depreciation and Amortization.
1. Cash flow positive without debt service doesn’t necessarily mean EBITDA positive. Cash flow and profit aren’t the same thing.
2. EBITDA being one of the most important metrics is very debatable.
3. Bragging about X being cash flow positive when they’re only cash flow positive without debt service is a very stupid thing to do.
I kinda think Elon will get X to be successful but it takes time.
This post was edited on 10/9/23 at 10:01 am
Posted on 10/9/23 at 10:05 am to stout
quote:
stout
You realize his post was mostly nonsense right? You didn’t?
Oof.
Posted on 10/9/23 at 10:45 am to mahdragonz
quote:seems twitter, before Elon, wasnt.
Who isn't cash flow positive when you don't include your debts?
This post was edited on 10/9/23 at 2:23 pm
Posted on 10/9/23 at 11:11 am to stout
Will be worth a trillion dollars soon
Posted on 10/9/23 at 11:23 am to stout
I just want the old Twitter back. It was fine when he bought it, and I was even excited for it, but every new change he makes is so shite
Posted on 10/9/23 at 11:24 am to RLDSC FAN
I hopped on the bandwagon and made a Twitter when he bought it but yeah, idk what he is doing anymore
Posted on 10/9/23 at 12:35 pm to Who_Dat_Tiger
quote:wouldn't be the first time
he’s African
Posted on 10/9/23 at 1:37 pm to stout
Elon the goat. Also took the jab
Posted on 10/9/23 at 1:56 pm to 21JumpStreet
Cash Flow Positive before Debt Service
That is the dumbest metric I have ever seen.
They pay interest in cash. It is a real expense. There is no money left for equity. The debt does not go away. They have no cash available to pay it down. Elon fan boys -- this was a horrendous deal, he paid way too much and financed it way too aggressively.
That is the dumbest metric I have ever seen.
They pay interest in cash. It is a real expense. There is no money left for equity. The debt does not go away. They have no cash available to pay it down. Elon fan boys -- this was a horrendous deal, he paid way too much and financed it way too aggressively.
Posted on 10/9/23 at 2:40 pm to stout
quote:
Does anyone still use Threads at all?
I haven't heard a word about it since its debut, until this thread.
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