Who is it bankrolling Twitter?

Discussion in 'Apple, Inc and Tech Industry' started by Mildredop, Apr 29, 2015.

  1. Mildredop macrumors 68020

    Joined:
    Oct 14, 2013
    #1
    So Twitter has never turned a profit and, in their earnings call yesterday, they reported a net loss of $162m for the quarter, up from £132m the year before.

    Unless I'm mistaken, it's costing something like $1.8m per day to run Twitter.

    So, who is funding that and why??
     
  2. heehee macrumors 68020

    heehee

    Joined:
    Jul 31, 2006
    Location:
    Same country as Santa Claus
    #2
    Source: http://en.wikipedia.org/wiki/Twitter#Initial_public_offering_.28IPO.29
     
  3. roadbloc macrumors G3

    roadbloc

    Joined:
    Aug 24, 2009
    Location:
    UK
    #3
    Rich people are footing the bill. Which is kinda nice of them for those who like Twitter I guess.
     
  4. maflynn Moderator

    maflynn

    Staff Member

    Joined:
    May 3, 2009
    Location:
    Boston
    #4
    Twitter received billions of dollars when they did their IPO, no one but stock holders is bankrolling Twitter. The money they raised for from the IPO is what they're using at this point.

    Plus a loss may not always be a loss, in the sense of writing off expenses and what not, i.e., they may not be seeing less money in the bank, after they start deducting expenses.
     
  5. turtle777 macrumors 6502a

    Joined:
    Apr 30, 2004
    #5
    What you're referring to is Cash Flow.

    TWTR hasn't had positive free cash flow ever.

    http://www.marketwatch.com/investing/stock/twtr/financials/cash-flow

    -t
     

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