On: Twitter announces layoffs

[frostmatthew]

> So at what point does a company stop being a "startup" nowadays?

Wikipedia defines startup as a new business in the form of a company, a partnership or temporary organization designed to search for a repeatable and scalable business model.[1]

Not sure where an exact "point" is (if one even exists) but would seem that Twitter (a nearly ten year old company with revenues of $1.4B) no longer fits that definition.

[1] https://en.wikipedia.org/wiki/Startup_company

[xytop → frostmatthew]

I heard that Twitter has no revenue only loses.. is that changed recently?

[frostmatthew → xytop]

You're confusing revenue (money coming in) with profit/income (money left over after expenses). In 2014 they had revenue of $1.4B[1].

[1] https://finance.yahoo.com/q/is?s=TWTR+Income+Statement&annua...

[Retra → xytop]

Maybe everyone else just calls their customers "investors" for some reason?

[kingnothing → xytop]

They may not have turned a profit, but they certainly have revenue.