> The money raised is consistent with the kind of site he had envisioned, the issue is that there isn't a market for it. It seems that it wasn't necessarily to

> The money raised is consistent with the kind of site he had envisioned, the issue is that there isn't a market for it. It seems that it wasn't necessarily too much money but too much too soon. It's like Tumblr redux: the product was (intentionally or not) built to put ads in front of lots of loyal eyes, but the founder refuses. In that sense, they lack real product-market fit.