That's if they want to continue with every cost they currently incur, which includes some expensive R&D.
Assuming 300-400mln out of 1B is R&D and we cut it completely, they need to make ~600mln per quarter -- which is, as comparison, in the same ballpark as the quarterly revenue of Twitter.
Not really. They lose money by sponsoring some markets, they can just stop doing that and become less aggressive.
They made a choice to lose money and grow rather than break even and slow down.
Yes, but then the "growth story" ends aburptly, and their 120B valuation they aim to get on IPO stop making sense. As the "value stock" their price is probably closer to 12B than 120B.