>Twitter reported half a billion in revenue last quarter
And yet managed to lose 136 million dollars. While revenue is interesting, it just doesn't matter if you can't turn a profit.
And yet managed to lose 136 million dollars. While revenue is interesting, it just doesn't matter if you can't turn a profit.
Time to go read about their OPEX I suppose. Anyone got a link to a good write-up?
1. http://money.cnn.com/2014/03/06/technology/social/twitter-ca...
2. http://www.glassdoor.com/Salary/Twitter-Staff-Software-Engin...
People are expensive, office space in their 30+ offices is expensive, hundreds of thousands of servers are expensive...