4/14/2024 0 Comments Udden wealth ign on palmThe deck tells investors that with the infusion, the company plans to end 2024 profitable, with net income of $13 million. The Messenger ended 2023 with a net loss of $43 million, according to the documents. The company ended up hiring a staff of 300 people and has since struggled financially, which has led to some recent layoffs, according to multiple reports. It initially planned to hire around 550 journalists and generate over $100 million in revenue in 2024, according to The New York Times. The Messenger, which started in May, launched on the idea of becoming a down-the-middle digital news juggernaut. Personal Loans for 670 Credit Score or LowerĬNBC has obtained an investor deck The Messenger was using as recently as late December to entice potential individuals or companies to infuse it with $20 million. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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