this post was submitted on 15 Jul 2023
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Advertising revenue in Twitter crashes by 50% (lemmy.world)
submitted 1 year ago by [email protected] to c/[email protected]
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nuff said

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[โ€“] [email protected] 4 points 1 year ago (1 children)

Almost all companies are "cash negative" in their first years.

[โ€“] [email protected] 4 points 1 year ago

Of course, but many, many companies never leave that state in the age where the biggest investment strategy is dumping hella cash into a startup in hopes that it overtakes (monopolizes) the industry but may never be profitable. And many people thought that Tesla would never be profitable, it sure looked like it for a very long time.