Tomas Fonseca
tacbaf.bsky.social
Tomas Fonseca
@tacbaf.bsky.social
Firm believer in EU’s sustainable energy transition to a mobile, digital and electric future
Co-Founder, Sustainability Entrepreneur, frmr-Strategy Consultant and c-Level Advisor
It’s ok. I’ve left twitter to avoid people who delve into these type of toxic jabs and childish zingers and are unable to have a normal good faith conversation.
Wish you the best
October 23, 2023 at 9:20 PM
Don’t want to negate your good arguments about the issue of ads/raising. Very good points there. Just seems like a sidestep to the original claim
October 23, 2023 at 8:53 PM
You’re confusing “assets” w/ “surplus”. Isn’t the same thing and definitely not “cash”.
Also the issue about the ads/raising is definitely a valid point, but quite heavy moving of goal posts to a completely different issue. (Not denying you’re right about it, but zero to do with “amassing money”)
October 23, 2023 at 8:52 PM
Yeah, $50M down from $86M (‘21)
It’s aprox. 33% of costs (and 31% of revenue) and a little over 5 years of net profit.
Considering the huge revenue fluctuations (>50M$ in 4 years), 4 months of operating costs certainly doesn’t look like “amassing very large amounts of money”.
Seems prudent even?
October 23, 2023 at 10:56 AM
Meta doesn’t care. Facebook is a fine-tuned addition machine and “friend event” is waaaay down the list of priorities
August 27, 2023 at 8:30 PM
É o “christ-summit”…
July 29, 2023 at 8:26 PM