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0 pointsupon_drumhead2y ago0 comments

Twitter was profitable for two years, 2018 and 2019.

My understanding is the majority of those loss years was due to how they accounted for RSUs, however I can’t find that easily right now.

I don’t get the impression that it was at all close to imploding pre-musk. Do you have any links to back up that claim?

0 comments

Also "technically profitable" in 2021 -- except for a $760M legal settlement they had to pay out which dropped them to a ~$490M loss.

j / k navigate · click thread line to collapse

0 pointsupon_drumhead2y ago0 comments

Twitter was profitable for two years, 2018 and 2019.

My understanding is the majority of those loss years was due to how they accounted for RSUs, however I can’t find that easily right now.

I don’t get the impression that it was at all close to imploding pre-musk. Do you have any links to back up that claim?

Also "technically profitable" in 2021 -- except for a $760M legal settlement they had to pay out which dropped them to a ~$490M loss.

j / k navigate · click thread line to collapse