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Friday, November 11, 2022

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Luther Weymann

In Twitter's 16.5-year history, I am unaware of any financial period where Twitter Inc. made a profit. Before Musk made his purchase Twitter was and is expected to lose $700 million next year. An anticipated $700 million loss in the 17th year. The company obviously has too many employees, with salary being the biggest expense. More than 50 corporate investors in Twitter Inc have invested more than $13 billion dollars. $13 BILLION into a company that in 17 years has never developed a profitable cash flow or a revenue model for Twitter Inc. to create a profitable company. Many financial investors, such as myself, were stunned that anyone would buy Twitter before it went into eventual bankruptcy. I do not believe Twitter can survive bankruptcy because I do not believe there is a sustainable financial model whereby Twitter can become a profitable company. The disconnect between these employees and the hard reality of a bankrupt business that Musk just paid $44 billion for is truly a sad statement on the mentality of the super over-privileged.

Martin K.

I'm sad to state the obvious: risking Twitter's bankruptcy is no big deal compared to risking the Kessler syndrome. ¯\_(ツ)_/¯

sirhc desantis

And nothing of value would be lost. Including all those staff - just as responsible for the thing as anyone.

Iggy 1.0

Megalomaniacs are not known for their empathy. That said, I would not miss Twitter. It's part of the problem, no longer part of the solution.

Kyz

"About a quarter of our Twitter users signed up in the last six months (between March and October 2022)."

And that pretty much tells you all you need to know.

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Wagner James Au
Wagner James "Hamlet" Au
Dutchie Evergreen Slideshow 29112021
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