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Reading the sibling comment to this one, it doesn't sound at all like what happened. But alright

• adjkant 9y ago
  Fair for sure. I think the act that burst their bubble was the aforementioned switch to required handles combined with an already shrinking community at that point in many urban areas who got bored with it. The bigger point of the comment was basically that most tech companies are overvalued and only get bailed out by acquisition. The money isn't really surprising here to me, which was the claim of the parent comment. The interesting part is how royally the fucked up their product to burst the evaluation bubble that quickly.