4 ms·
They are tremendously popular, but considering they're hemorrhaging money and they don't appear to have the slightest idea how to make any money off that popula
by theBobMcCormick 17y ago
They are tremendously popular, but considering they're hemorrhaging money and they don't appear to have the slightest idea how to make any money off that popularity... yeah, I think it's highly probable they're doing everything wrong.
- tptacek 17y agoI thought they were pro-forma profitable in 2009. I think your comment may be a bit knee-jerk.
- axod 17y agoDepends if you count "here! have a few million on us" from GOOG+MSFT. Is that sustainable? Is it not slightly risky? Is a company that just perpetually gets more investment money 'profitable'? I guess in strict terms if you can convince people to give you money like that, then yes. But it can't go on forever.
- tptacek 17y agoHere's the part where we start redefining words to prolong the argument. They're either "hemorraging money" or they're "profitable". They can't be both.