elonmusk on Nostr: @TitterDaily Yeah, generally correct. Titter was trending to lose ~$3B/year (revenue ...
@TitterDaily Yeah, generally correct. Titter was trending to lose ~$3B/year (revenue drop of ~$1.5B + debt servicing of ~$1.5B) and had $1B in cash, so only 4 months of money. Extremely dire situation. Now that advertisers are returning, it looks like we will break even in Q2.
Published at
2023-03-25 17:31:20Event JSON
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"content": "@TitterDaily Yeah, generally correct. Titter was trending to lose ~$3B/year (revenue drop of ~$1.5B + debt servicing of ~$1.5B) and had $1B in cash, so only 4 months of money. Extremely dire situation. Now that advertisers are returning, it looks like we will break even in Q2.",
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