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Elon Musk says Twitter's cash flow still negative as ad revenue drops

18 pointsby tech-historianalmost 2 years ago

4 comments

3cats-in-a-coatalmost 2 years ago
Few months ago he said ad revenue dropped 50%.<p>Then a month ago or so he said all advertisers returned in full.<p>Now he&#x27;s saying, today, that again ad revenue dropped 50%.<p>The guy is a pathological liar, you can&#x27;t understand at all what&#x27;s happening from his words. It&#x27;s like listening to Putin&#x27;s takes on reality. One day Wagner is just a myth, then he paid billions to them, then a week later they&#x27;re a myth again.<p>This is why I watch what he does and what&#x27;s happening to Twitter. And this is still one airplane nosediving directly to the ground as we speak.
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jqpabc123almost 2 years ago
<i>as add revenue drops</i><p>The fundamental disconnect in Musk&#x27;s business plan --- advertising is really not about &quot;free speech&quot; but rather the opposite.<p>Otherwise, Twitter shouldn&#x27;t charge for it and advertiser&#x27;s wouldn&#x27;t be fleeing.<p>Offering a soapbox to extremists demonstrates a lack of focus and understanding of the nature of the business he bought into.
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ecfalmost 2 years ago
Revenue dropping while simultaneously implementing a revenue sharing scheme for influencers? It’s a bold strategy, Cotton. Let’s see if it pays off for ‘em.
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jdjdjdhhdalmost 2 years ago
Usage up 3.5% week over week but revenue declining (according to Musk)
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