Johannes Ernst on Nostr: Twitter: ad revenue down 59% YoY, 57% of top 1000 advertisers left, cash flow ...

Twitter: ad revenue down 59% YoY, 57% of top 1000 advertisers left, cash flow negative. And their biggest potential competitor just launched successfully.

Hard to see how they can stop the bleeding, never mind compete successfully.

https://www.cnn.com/2023/07/15/business/twitter-cash-flow-elon-musk/index.html