Elon Musk says that Twitter's cash flow is still in the red due to a 50% drop in advertising revenue.
Musk says a 50% drop in ad revenue for Twitter is causing negative cash flow::Elon Musk says that Twitter’s cash flow is still in the red due to a 50% drop in advertising revenue.
Huh… I never woulda guessed that might happen. This is frankly, astounding, and extremely newsworthy. Surely there is a great deal we can learn from a deep dive into this doubtlessly extraordinarily complex topic.
We’re still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load. Need to reach positive cash flow before we have the luxury of anything else.
And now Elon gets to play the same game that every other social network plays. Will be interesting to see how he reacts.
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whoopsidoodle!
Interesting!
So we can assume reddit will go down the same road
Advertisers don’t want him to pay extreme right wingers most likely.
Good thing he didn’t go woke or else Twitter would be going broke. /s
Billionaires pay the idiots through misinformation to do their bidding. Selling to the idiots is to make yourself king idiot.
Huh… I never woulda guessed that might happen. This is frankly, astounding, and extremely newsworthy. Surely there is a great deal we can learn from a deep dive into this doubtlessly extraordinarily complex topic.
Musk didn’t buy Twitter to make a profit.
He bought Twitter to control the conversation.
Try, but seems to be failing at it. Also probably checking out everyone’s DMs.
And exactly who’s fault IS that drop, elrod?
The problem is obviously the Woke mind virus.
What happened Elon? Did you forget to let all the lunatics loose and call it FrEe SpeEEeeEcH?
No, you are. Jackass lol
He should probably stop cutting 5 figure checks to every MAGA crazy on Twitter then if finances are that bad.
Burn it all down
Has he tried firing all the employees? I hear that helps with cash flow. /s
And now Elon gets to play the same game that every other social network plays. Will be interesting to see how he reacts.
I wonder why that is.
🙄