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Twitter bleeding money

Discussion in 'Sports and News' started by LongTimeListener, Mar 9, 2012.

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  1. LongTimeListener

    LongTimeListener Well-Known Member

    http://gawker.com/5891675/twitters-secret-history-as-the-worlds-worst-tech-or-media-business

    Nice Gawker scoop. Leaked documents show Twitter lost $67.8M in 2010 and $25.8M through the first quarter of 2011. After that, they doubled staffing, but there's no indication revenues have picked up all that much, so there possibly/probably have been greater losses since then. (Facebook was taking in 26x the revenue during the period in question.

    There's no crisis because they still have hundreds of millions of dollars of venture capital coming in, but it's just confirmation that nobody yet has figured out how to monetize Twitter, including Twitter.

    #justkeeppostingitwillallworkout
     
    LongTimeListener, Mar 9, 2012
    #1
  2. Stitch

    Stitch Active Member

    But there was an open bar at the party.
     
    Stitch, Mar 9, 2012
    #2
  3. dooley_womack1

    dooley_womack1 Well-Known Member

    If only Twitter could monetize Ashton Kutcher and Demi Moore
     
    dooley_womack1, Mar 9, 2012
    #3
  4. Inky_Wretch

    Inky_Wretch Well-Known Member

    #FirstWorldProblems
     
    Inky_Wretch, Mar 9, 2012
    #4
  5. Armchair_QB

    Armchair_QB Well-Known Member

    How does Twitter make money anyway?
     
    Armchair_QB, Mar 9, 2012
    #5
  6. dixiehack

    dixiehack Well-Known Member

    Somewhere Kony is giggling and doesn't know why.
     
    dixiehack, Mar 9, 2012
    #6
  7. Football_Bat

    Football_Bat Well-Known Member

    You will know the second you get carpet-bombed with ads when making a tweet. Not today, but it's coming.
     
    Football_Bat, Mar 9, 2012
    #7
  8. Steak Snabler

    Steak Snabler Well-Known Member

    [​IMG]

    Volume.
     
    Last edited by a moderator: Dec 15, 2014
    Steak Snabler, Mar 9, 2012
    #8
  9. PCLoadLetter

    PCLoadLetter Well-Known Member

    Brilliant.
     
    Last edited by a moderator: Dec 15, 2014
    PCLoadLetter, Mar 9, 2012
    #9
  10. Sea Bass

    Sea Bass Well-Known Member

    We're not going to give you two thousand nickels.
     
    Last edited by a moderator: Dec 15, 2014
    Sea Bass, Mar 10, 2012
    #10
  11. Johnny Dangerously

    Johnny Dangerously Well-Known Member

    I tip my cap, sir.
     
    Last edited by a moderator: Dec 15, 2014
    Johnny Dangerously, Mar 10, 2012
    #11
  12. Lugnuts

    Lugnuts Well-Known Member

    Some funny responses on this thread.

    This story makes me happy.
     
    Lugnuts, Mar 10, 2012
    #12
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