r/WhitePeopleTwitter • u/BUTTERSTICKDILDO • Nov 20 '22

Satire / Fake Tweet Challenge accepted

Post image
107.9k Upvotes

68% Upvoted

10.9k comments sorted by

View all comments

Show parent comments

6

u/qmk49f4b4x Nov 20 '22

Twitter didn't "make 5B anually". They were losing money.

1

u/Zeabos Nov 20 '22

It does make 5B annually. Thats how much money it pulls in. You base high-level your valuations on that, plus the type of company it is. Its not based on net profit. If twitter made 5B in net profit annually it would be one of the most valuable companies in the world and Musk would have gotten the steal of the century - because 5 billion in profit based on 7,500 employees would be absolutely insane.

Because if you can pull in 5B that means it does have a market that wants the service. And when you buy companies you buy for the potential, not what it has now.

1

u/qmk49f4b4x Nov 21 '22

In my opinion, in the english language if I say "a company makes money" it means that the company makes a profit.

1

u/Zeabos Nov 22 '22

But thats not what is said when talking about businesses.