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Any VC funded company gives me this feeling. Twitter scaled up ads a whole lot to become solvent. Moviepass went from an amazing deal to an okay one. Netflix
by xgulfie 7y ago
Any VC funded company gives me this feeling.
Twitter scaled up ads a whole lot to become solvent.
Moviepass went from an amazing deal to an okay one.
Netflix's content catalog and price went from great to okay.
Facebook went from "Myspace but with photos" to the massive advertising machine it is today.
The great-for-users but usually lossy beginnings of these companies are a play to acquire users, so they can pull the profit switch later on.
- farisjarrah 7y agoJust wait till Uber and Lyft investors start demanding profits...
- dmlittle 7y agoFWIW Moviepass never had a sustainable business model. They were loosing a lot of money from the get-go.
- duxup 7y agoArguably many VC funded companies don't have a sustainable model...
- turk73 7y agoThis is true of EVERY Internet-based company. All of them. Who doesn't wax nostalgic about the early days of eBay, Amazon, Craigslist?