@[email protected] to politics @lemmy.world • 6 months agoTrump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Millionvariety.comexternal-linkmessage-square53fedilinkarrow-up1464arrow-down110cross-posted to: technology
arrow-up1454arrow-down1external-linkTrump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Millionvariety.com@[email protected] to politics @lemmy.world • 6 months agomessage-square53fedilinkcross-posted to: technology
minus-square@[email protected]linkfedilink22•6 months agoHas to be money laundering. There’s no way their operating costs are over $1B on a shitty Twitter clone with very little traffic
minus-square@[email protected]linkfedilink6•6 months agoI think you added a couple of 0s to the revenue. Cause nothing is close to $1b here.
minus-square@[email protected]linkfedilink6•6 months agoHahah shit, you’re right. I read 770k as 770m. I guess that ridiculous valuation set my expectations. 327m in expenses is still way too high. But no where near as absurd.
Has to be money laundering. There’s no way their operating costs are over $1B on a shitty Twitter clone with very little traffic
I think you added a couple of 0s to the revenue. Cause nothing is close to $1b here.
Hahah shit, you’re right. I read 770k as 770m. I guess that ridiculous valuation set my expectations.
327m in expenses is still way too high. But no where near as absurd.
Maybe they’re on Azure.