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>The flip side of that coin is that some companies, under pressure to "grow up", become misguided—destroying their core product and user base in the process. I
by InvisibleCities 11y ago
>The flip side of that coin is that some companies, under pressure to "grow up", become misguided—destroying their core product and user base in the process.
If your core "product" is massively unprofitable, it's not really a product at all.
- idibidiart 11y agoThere is sellability and there is profitability. Two entirely different things, but ultimately that which is sellable will be exploited for financial gains, and often it is pro`fit`able
- rl3 11y ago>If your core "product" is massively unprofitable, it's not really a product at all. Tell that to Instagram or Snapchat.
- austenallred 11y ago> Tell that to Instagram or Snapchat. This is no longer true for Instagram. It should generate $595 million in ad revenue this year, and is expected to reach $2.81 Billion in annual ad revenue in 2017. (Remember: this company was purchased for $1 Billion.) So, to recap, Instagram was "massively unprofitable" for five years, after which it started bringing in revenue most easily measured billions. In other words the notion that a product isn't "a product" until it's profitable is farcical.
- Pizzalover 11y agoCitation needed