alt Hacker NewsThere is quite a bit of difference between not making a profit and consistently losing around $100m a year with apparently no path to at least revenue neutrality.
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surgical_fire • today at 9:46 AM
He could, you know, not have bought the newspaper too. It didn't belong to him originally.
It's not like he will make it profitable anyway.
So it loses pocket change for a multi billionaire?
Edit: The consideration being that perhaps billionaire toys need not be profitable per se, but are purchased for different reasons. Twitter is another example here.