I don’t really understand. What does ‘bleeds ad dollars’ mean? He’s advertising a lot? He’s losing money on advertising? What?
I think it refers to TWTR’s 50% drop in ad revenue since it is no longer part of the Govt Ind Censorship Complex.
This is despite it doing over 5million tweets a day-which is more than under the previous ownership.
So far, ‘Z’ has not trimmed back on his manpower budget (like Elon), so I think he’s the one who will face economic woes over the next twelve months.
The wet dream of the left is that because Twitter advertising is down, it is bleeding money. Twitter is not publicly traded and does not reveal its financials anymore.
But just remember, Twitter cut somewhere between 60%-70% of its workforce. The same people who claim it is "bleeding money" predicted it would collapse without all the staff.
Well, it did not collapse. Twitter is working better than ever and more people are using it than ever.
The gov't has put a target on Musk's back and their allies in tech, like Zuckerberg, are going to try and destroy him.
But Musk is smarter than all of them.
Don't forget, Biden DOJ is investigating Musk over the Twitter deal and if there is a minor error, expect an indictment.
They’re referencing the exodus of a few large woke corporations from Twitter. It is not the death-knell of Twitter that leftists believe it is; just wishful thinking on their idiotic part.