@MicroWave@lemmy.world to

News@lemmy.world • 1 year ago

Elon Musk says Twitter cash flow is negative due to ad revenue declines, ‘heavy debt’

cross-posted to:
tech@kbin.social

482

Elon Musk says Twitter cash flow is negative due to ad revenue declines, ‘heavy debt’

@MicroWave@lemmy.world to

News@lemmy.world • 1 year ago

cross-posted to:
tech@kbin.social

Elon Musk says Twitter cash flow is negative due to ad revenue declines, 'heavy debt'

Musk said early Saturday that cash flow at Twitter remains negative because of a nearly 50% drop in advertising revenue coupled with "heavy debt."

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50•1 year ago
It’s great for everyone with imposter syndrome! I used to fear I was too inexperienced, inept, unprofessional… but then this happened 😅
- @whatsarefoogee@lemmy.world
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  19•1 year ago
  Does your daddy own an emerald mine though? That’s kind of the key here.

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