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"I don't like it" != financial distress.

From Twitter's 2021 10K:

"FY 2021 Highlights Total revenue was $5.08 billion, an increase of 37%, compared to 2020."

2021 net losses were $221M, which is a big improvement on $1.135B in 2020.

Honestly seems like things are really shaping up @ Twitter.



https://twitter.com/cameron/status/1514977953079209985


I’m actually a bit amazed they aren’t profitable yet. Hasn’t their user base been stagnant/shrinking for years? What are they investing in?


https://www.sec.gov/edgar/browse/?CIK=1418091&owner=exclude


They were profitable in like 2017-2019. Their financials are public, it's easy to see at a macro level where the money is going.


I'm curious to see how this holds up without the events of January 6th driving so many ad impressions.




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