This is the first time Twitter has set long-term goals for revenue and daily users and it comes ahead of the company's analyst day on Thursday afternoon. Twitter said in its last earnings report it had 192 million mDAUs in Q4 2020.
Doubling its annual revenue would mean going from $3.7 billion in 2020 to at least $7.5 billion in 2023, Twitter said. The company also set a goal of doubling its development velocity by the end of that same year, which would require it to double the number of features each employee ships that directly drives mDAUs or revenue.
Twitter reiterated that it aims for a long-term target of mid-teens GAAP operating margin or 40% to 45% adjusted EBITDA margin.
This likely means Twitter will be unbearable to use by 2023 due to ads incessantly rolling down every page you visit.
Twitter will so be the playground of those with deep pockets
Why oh why does he look like the guy that got bullied at school
So is he distributing, sharing all this money 💰 with families in need? 🤷🏻♀️
Amazing it survived the massive stock price collapse the rest of the market felt
“monetízanos” ahaha
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It’ll be the end of Twitter if they make people pay to follow anyone. Why FB never implemented this idea
Twitter became my main news channel, along with Reddit. Not the local press, not Facebook or Youtube. I'm glad jack is running Twitter and even advocating Bitcoin.
Twitter is not a reliable platform. There is a lack of transparency, a political orientation of the extreme left, an aggressive policy of blocking people, totalitarian traits and censoring people's content based on this whole mountain of scum.
The evil big tech multiBillionaires have conspired to take your money and your freedom of speech.
By allowing for bots while canceling conservatives in America.
I’ll take that bet.
Twitter is for free loaders
How do we monetize by tweets?
On the same day RIPTwitter is trending? Why not right? Long Live jack !
Can’t wait to quit my job and just get paid to tweet
JBoorstin what about free speech?!?!? you can't charge!!! just kidding, more power to them, I mean, if you can get it, why not? right? I just can't imagine. mybrokenenglish
JBoorstin That’s the end of Twitter if true
JBoorstin I will be out if they do. Just saying
JBoorstin You mean the followers are supposed to pay? The fintwit furus have been doing it backwards this whole time They've been paying for follows and likes 😂
JBoorstin Followers don't even mean anything anymore.
JBoorstin RIP Onlyfans
JBoorstin Make up to $106 with the aid of your PC or cellphone every 24 hours, send me a message now to get started
JBoorstin Only people on Twitter would pay to see what other morons and haters and racists want to say. Twitter is a cesspool of hate. No need to pay for that.
JBoorstin How is Twitter so out of touch with their users? They should just sit down and have a discussion WITH THEIR USERS about what their users would like to see.
JBoorstin Would never pay. Many other platforms I can choose to follow people if it came to that.
JBoorstin wow
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