Oddbean new post about | logout
 Any takers on when Txitter burns through all its runway? My guess is they have 1 year left and will need some kind of bailout or injection of funds

The debt they hold continues to pile up due to higher interest rates, and advertisers are not bidding their auctions up as aggressively as before with many leaving and CPC's dropping

The whole pay to play needs to 100x from the reported 640k users paying for check marks to around 64million, for it to bridge the gap or so i've heard. Remember they're offering a revenue share and without advertisers the revenue share has to come from other users, kinda seems like a ponzi but hey Elon is berry berry smart



https://m.primal.net/HUFr.mp4