Twitter $2 Billion in Losses Over 10 Years Prove It's Not A Real Business / It's a CIA Brass Plate Fraud For Supressing Free Speech and Spreading Propaganda (breitbart.com)
submitted 6.5 years ago by Oh_Well_ian
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Samsquamch 6.5 years ago
When you have $2.22 billion in revenue in one year and no physical product to deal with, I guess I'm not understanding how you still lose money
In 2015 alone, Twitter recorded a loss of $520 million, primarily as a result of stock-based compensation given to employees.
Oh, it's poor management and planning.
Thisismyvoatusername 6.5 years ago
In the case of Twitter I agree it is poorly managed, but merely having a loss on the income statement because of stock-based compensation charges doesn't necessarily lead to that conclusion.
elitch2 6.5 years ago
(((employees)))
kevf4 6.5 years ago
They gave out half a billion in one year while never turning a profit. Sounds sketchy.
Oh_Well_ian 6.5 years ago
embezzlement
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Samsquamch ago
When you have $2.22 billion in revenue in one year and no physical product to deal with, I guess I'm not understanding how you still lose money
Oh, it's poor management and planning.
Thisismyvoatusername ago
In the case of Twitter I agree it is poorly managed, but merely having a loss on the income statement because of stock-based compensation charges doesn't necessarily lead to that conclusion.
elitch2 ago
(((employees)))
kevf4 ago
They gave out half a billion in one year while never turning a profit. Sounds sketchy.
Oh_Well_ian ago
embezzlement