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May 12, 2015

Twitter's Q1 loss at $162million , has already burned $1.25 billion since it went public

"Twitter q1,2015 loss estimated at  162million"
 2 years after going public Twitter continues to bleed and loose money. It  lost $162 million despite bringing in $436 million in revenue. Since its IPO in late 2013, it has lost a cumulative $1.25 billion over six quarters.

Facebook too went through the same phase  and did not make  profit it the first  few quarters .however 6  quarters into   its IPO ,Facebook generated almost $1 billion in cumulative profit. Now, some three years after going public, it has made almost $5 billion.