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[deleted] t1_jdh9dun wrote

Reply to comment by prosthetic_foreheads in Twitter to Revoke ‘Legacy’ Verification Badges in April, Leaving Only Paying Subscribers With Blue Check-Marks by 08830

[deleted]

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rasvial t1_jdi4jwh wrote

I think you're absolutely kidding yourself if you think you're not defending him. The company was near profitable, and he burned the real revenue- ADS. if you look at streaming for example, you might think "it's because they charge all the users a monthly fee that keeps the lights on" but generally it's not even a third of the money pulled in by advertising to those users.

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grkfx t1_jdjkrqy wrote

It wasn’t near profitable that’s completely laughable

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[deleted] t1_jdjr1v1 wrote

It was much closer than it is now, or likely will be for the foreseeable future.

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rasvial t1_jdjtex3 wrote

It was, they just needed to expose their data in a way that would better allow for sane advertisement to get good reach, then the cpm increases and revenue follows. Now they've got no hope.

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[deleted] t1_jdjqx68 wrote

Yes, I would say that because he's not going to turn Twitter profitable by running off advertisers, alienating users and rolling back policies designed to keep the company free of legal and PR issues, which is pretty much all he's done to date.

Frankly, it's very debatable whether Twitter can be profitable, but Musk seems determined to dig a deeper hole.

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