So, in my never ending search for useless information, I come across this article today. Basically, last week, we talked briefly about twitter and how much money they have and what they are worth. Currently, funding is at $55 million (Fonzo, I don’t think Twitter is broke). Not only that, but according to this article, they are looking to be bought for as much as $700 million (good call on that one Fonzo). So while they may not be making any “ad”vertising money right now. They are mos def not broke by any means.
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I didn’t say they were broke as in no money in the bank. I said broke as in they got money going out of the bank but little to no money going in the bank (other than venture funding .. which is where they got their $55M).
And they’ll sell it. They have to if they want it to have any sort of long-term sustainability. Sell sell sell!