Brian Reiter on Nostr: npub1v2syc…cmqq5 “TMTG reported a $49 million net loss on $3.38 million in ...
npub1v2sycpx32th4h4aude3jq4g0kgj0p2t5062059l0fx0vcn8njs8spcmqq5 (npub1v2s…mqq5) “TMTG reported a $49 million net loss on $3.38 million in revenue for the first nine months of 2023.”
This is a company that spends more than $10 to make $1. The fundamentals are terrible. Twitter is a much better proposition but also makes no money and has never made money.
Why would anyone invest in this trash or make a paper valuation in the billions of dollars? It should have a negative valuation.
Published at
2024-03-22 14:48:43Event JSON
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