Wednesday, 2 March 2016

Twitter Has Lost a Staggering Amount of Money

Twitter Has Lost a Staggering Amount of Money

The company still isn't profitable 10 years on. When Twitter went public back in 2013, it was an unprofitable company. More than two years later, that hasn’t changed. In fact, the company revealed in its annual 10-K filed Feb. 29 that it has lost more than $2 billion in total since launching a decade ago. Twitter had already accrued more than $400 million in losses before going public, but that figure exploded upward after its IPO...
Read more: http://snapzu.com/funhonestdude/twitter-has-lost-a-staggering-amount-of-money

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