News • 1 year ago

Elon Musk says Twitter cash flow is negative due to ad revenue declines, ‘heavy debt’

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Elon Musk says Twitter cash flow is negative due to ad revenue declines, ‘heavy debt’

News • 1 year ago

Elon Musk says Twitter cash flow is negative due to ad revenue declines, 'heavy debt'

Musk said early Saturday that cash flow at Twitter remains negative because of a nearly 50% drop in advertising revenue coupled with "heavy debt."

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@YoBuckStopsHere
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4•1 year ago
Early Twitter was good, started going to crap around 2012.
- BarqsHasBite
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  fedilink
  4•1 year ago
  What happened 2012?
  - @YoBuckStopsHere
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    -3•1 year ago
    https://en.wikipedia.org/wiki/2012_United_States_presidential_election#:~:text=Obama won 332 electoral votes,a smaller popular vote percentage.
- @[email protected]
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  fedilink
  2•1 year ago
  Eh, I’d say earlier than that. Twitter was pretty much trash by 2010 in my book.

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