vegeta@lemmy.world to News@lemmy.world · 10 months agoTrump Media reports $16 million loss for quarter as revenue fallswww.cnbc.comexternal-linkmessage-square25linkfedilinkarrow-up1400arrow-down14
arrow-up1396arrow-down1external-linkTrump Media reports $16 million loss for quarter as revenue fallswww.cnbc.comvegeta@lemmy.world to News@lemmy.world · 10 months agomessage-square25linkfedilink
minus-squareNeuromancer@lemm.eelinkfedilinkarrow-up4arrow-down8·edit-210 months agoIf the numbers are content. That’s about 3.2 million in revenue and 64 million loss per year. While people want to clap over that. Many companies are not profitable their first few years. I work for a tech company. We are well known, bring in billions but one made a profit once or twice in twenty years. Prior company the same. It’s amazing that you can bring in billions and still not make a dime
minus-squareFlying Squid@lemmy.worldlinkfedilinkarrow-up3·10 months ago Many companies are not profitable their first few years. Especially if they’re a Twitter ripoff with one single user being the only one anyone cares about in terms of who posts. In fact, I’m going to make a, what I feel is pretty safe, prediction that Truth Social also won’t make a profit over their last few years.
800k. I was a bit off
If the numbers are content. That’s about 3.2 million in revenue and 64 million loss per year.
While people want to clap over that. Many companies are not profitable their first few years.
I work for a tech company. We are well known, bring in billions but one made a profit once or twice in twenty years.
Prior company the same.
It’s amazing that you can bring in billions and still not make a dime
deleted by creator
Especially if they’re a Twitter ripoff with one single user being the only one anyone cares about in terms of who posts.
In fact, I’m going to make a, what I feel is pretty safe, prediction that Truth Social also won’t make a profit over their last few years.