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If the value of the site were enough that they could make any money after transaction and transition costs, they would likely have taken that step. Given the ti
by asdfasgasdgasdg 6y ago
If the value of the site were enough that they could make any money after transaction and transition costs, they would likely have taken that step. Given the time horizon on which they are shutting down, I would guess that they have been out of money, and that the service makes less than it costs to run even with a skeleton crew. Another comment in this post cites information that confirms this.
- rhizome 6y ago> If the value of the site were enough that they could make any money after transaction and transition costs, they would likely have taken that step. ...if it occurs to them. They have to do the calculations in order to make that decision, after all.
- asdfasgasdgasdg 6y agoYou don't have to guess whether it occurred to them, since you can read the information in the other comment. https://news.ycombinator.com/item?id=23805099 https://news.ycombinator.com/item?id=23805099