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RE: LeoThread 2024-12-07 11:02

in LeoFinance10 months ago

Part 3/9:

The acquisition price might seem exorbitant, especially for a company that has historically struggled with profitability. Recent reports indicated that Twitter lost $200 million last year while generating annual revenues of about $3.4 billion. To illustrate, Twitter's revenue is comparable to that of an Olive Garden, a restaurant chain that manages to turn a profit. The stark reality begs the question: Can Musk revitalize a company that has long been seen as a mismanaged sinking ship?

A Shared Critique of Twitter’s Management