Your graph doesn't really counter the parent's point. The profit line was trendi... | Hacker News

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		nemothekid on March 30, 2023 \| parent \| context \| favorite \| on: The Twitter API is now effectively unmaintained Your graph doesn't really counter the parent's point. The profit line was trending upwards 2020 was their most profitable year. It certainly looks like the business was becoming sustainable.

codeulike on March 30, 2023 [–]

It certainly looks like the business was becoming sustainable

The downturn in early 2022 hit them badly. They were losing money again when Elon bought them (one of the reasons he tried to pull out of the deal)

Admittedly the way he structured his buy out made it worse by adding more debt.

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