this post was submitted on 18 Jul 2023
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Twitter's valuation has been slashed by 47% at Ark Invest since Elon Musk took over (markets.businessinsider.com)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 1 points 1 year ago

Let’s also remember that in all of Twitter’s years of operation they only had a couple quarters where they actually turned a profit

And if memory serves, some of their most profitable quarters were during the lockdowns, which don't exactly happen regularly.