> Twitter is still $20B away from being (profitable)
Can you explain how Twitter manages to spend $20B per year?
Say they have 1000 employees @ $200k/year, that's $200m/year (1/5th of 1B). Where are the remaining $19.8B being spent? That figure doesn't pass the sniff test.
That’s because you’ve misunderstood. Twitter is worth $20B. We don’t know what they spend nor how much they make as a profit because they’re a private company.
What I’m saying is for Elon to even break even on the deal, using the information we have access to, he needs its evaluations to reach at least $40B. Once it reaches that, it actually proves itself as having been at minimum a neutral purchase. Albeit the real numbers it has to reach and how much profit it needs are both currently unknown.
Can you explain how Twitter manages to spend $20B per year?
Say they have 1000 employees @ $200k/year, that's $200m/year (1/5th of 1B). Where are the remaining $19.8B being spent? That figure doesn't pass the sniff test.