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They don't make enough money. User acquisition => get acquired was always the only plan for them, just like all the B2C tech startups.
by zzbzq 8y ago
They don't make enough money. User acquisition => get acquired was always the only plan for them, just like all the B2C tech startups.
- spiralx 8y agoWell, they've been losing money for several years now, but they were originally profitable and operated without any VC money for years. If it weren't for the problems that growth has caused them since then I'm not sure they would be looking at acquisition at this point.