Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Jacquerie

Not sure I agree with the premise. Amazon AWS services has plenty of scale as do many other private companies. Twitter raised almost $13 billion over many private funding rounds from venture capital firms before going public. That amount of money could have provided them plenty of opportunities to scale. They didn’t start with 200 million users on day one. As it grew it became more attractive to investors.


21 posted on 12/08/2022 4:40:03 PM PST by monkeyshine (live and let live is dead)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: monkeyshine
Twitter makes plenty of money. In 2020 reportedly they had revenues of around 3.7 billion dollars, and close to 1 million dollars per employee. They have plenty of income to support significant data processing capability. Their financials indicate they spent about 1.3 billion dollars for their IT systems and hosting.

In 2020 they included a provision for over 1 billion dollars in income taxes, which generated an on-paper loss for the company compared to prior years.

24 posted on 12/08/2022 6:21:29 PM PST by freeandfreezing
[ Post Reply | Private Reply | To 21 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson