3 May 2023 11:20 am
Even if we assume all the above is correct...and given your history of making **** up, I don't...the portion I highlighted in red shows your complete ignorance related to anything business.Xavier_Onassis » 03 May 2023, 11:05 am » wrote: ↑ It's NOT what a company is "worth" that matters. It's the REVENUE IT GENERATES.
BINGO!
How much revenue was Twitter generating prior to Musk buying it? ZERO, NADA, NONE.
Okay, so how much is it generating now that Musk owns it? LESS THAN BEFORE. It has always lost money, and after Musk pays $44 billion., it is still very, very far from making a profit.
Do I care? No, I do not. It is like my opinion of matching bridesmaid dresses. I do not care.
My daughter has never been called upon to pay for a bridesmaid dress, and for that I am grateful.
Revenue and profit ARE NOT THE SAME THING. A company can be generating hundreds of millions of dollars in revenue every month and still not turn a profit.
You really should avoid posting anything related to the operations of a business until you get at least a basic understanding of business.