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For what it's worth, Fortune writer Dan Primack said on Twitter, "There is an amazing amount wrong with this ESPN piece on DraftKings/FanDuel. Awful." https://t
by exolymph 10y ago
For what it's worth, Fortune writer Dan Primack said on Twitter, "There is an amazing amount wrong with this ESPN piece on DraftKings/FanDuel. Awful." https://twitter.com/danprimack/status/768463010503467009 https://twitter.com/danprimack/status/768463010503467009
Then followed up: "ESPN and @DVNJr write that daily fantasy has 'imploded.' Really? Both leading players are still operating. [...] True neither FD nor DK are profitable. But they are young tech startups. Lack of profitability doesn't mean disaster at this stage" https://twitter.com/danprimack/status/768464361258098688 https://twitter.com/danprimack/status/768464361258098688
- runevault 10y agoWith the way states were blocking them from operating in them at such a rapid pace for a while once FD/DK started advertising like crazy, I don't know if they will ever be able to get back to where they were. Once you are lumped in as gambling the rules change and get much harder online.
- FussyZeus 10y agoLack of profitability isn't their problem, lack of ability to continue operating anywhere legally is.
- dragonwriter 10y ago> Lack of profitability isn't their problem, lack of ability to continue operating anywhere legally is. From the POV of investors, I'd say that the former is the critical problem, the latter is merely the cause of the problem. From other POVs, that might be different.
- hackuser 10y agoDoes anyone know what Primack's axe to grind is? Because it's such a strong, emotional objection, I suspect there's more to it than a dispute over the facts and analysis.