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Bait and switch. Even if they lose the bulk of their customers, they will still have a bigger network than if they had started with the same platform, but with
by wrycoder 5y ago
Bait and switch.
Even if they lose the bulk of their customers, they will still have a bigger network than if they had started with the same platform, but without the porn.
- ggggtez 5y agoThat hasn't really worked in practice. I think of Tumblr which basically stopped all growth and innovation the moment they banned porn. The company is probably assuming they can pivot, and maybe they can, but I doubt it
- wonderwonder 5y agoSure, but its a much smaller network than they had when they applied for financing at their desired valuation. Why would I give them a valuation of a billion dollars if they suddenly lose some large (by some estimates 60+ %) portion of their income. I think this begins their slow demise.
- deleted 5y ago[deleted]