Twitter Has Lost $2 Billion Since It Started

People are seen as silhouettes as they check mobile devices whilst standing against an illuminated wall bearing Twitter Inc.'s logo in this arranged photograph in London, U.K., on Tuesday, Jan. 5, 2016. Twitter Inc. may be preparing to raise its character limit for tweets to the thousands from the current 140, a person with knowledge of the matter said. Photographer: Chris Ratcliffe/Bloomberg via Getty Images

Twitter was $400 million in the hole before it even had it’s IPO and is’t recently been shown to have lost $2 billion since it was founded 10 years ago. Wall Street doesn’t believe it can grow its user base and its stock has dropped from a high of $70 to $20. Twitter could begin a Kickstarter and maybe get some of their users to help out with the bills.

Read more at time.com.

Read More Stories From the IB Wire

.

.