X CEO Linda Yaccarino claims in a tense interview with TechCrunch that the company will be profitable by early 2024. This is a bold statement for a company that has never been profitable, but Yaccarino says that the company is making good progress on its turnaround plan.
Yaccarino says that the company is focused on three key areas to become profitable: growing its user base, increasing advertising revenue, and reducing costs.
On the user growth front, Yaccarino says that the company is focused on making X more user-friendly and engaging. The company is also investing in new features and content to attract new users and keep existing users coming back.
On the advertising revenue front, Yaccarino says that the company is focused on making X a more attractive platform for advertisers. The company is also investing in new advertising tools and technologies to help advertisers reach their target audiences more effectively.
On the cost reduction front, Yaccarino says that the company is focused on streamlining its operations and reducing waste. The company is also investing in new technologies to help it automate tasks and reduce costs.
Yaccarino admits that the company faces a number of challenges, but she is confident that the company can become profitable in 2024. She says that the company has a strong team, a great product, and a large and engaged user base.
If X is able to become profitable in 2024, it would be a major milestone for the company. It would also be a sign that the company is on the right track and that it is poised for long-term growth.