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Really interesting to me. I built an AI news summarization service around three years ago and discovered Axios as a potential competitor. At the time they were
by personjerry 4y ago
Really interesting to me. I built an AI news summarization service around three years ago and discovered Axios as a potential competitor. At the time they were still defining themselves; I still have a (no longer functional) TestPilot version of their app on my phone.
With the polish of their services and the big money behind them, they seemed like an obvious win. It felt like they understood the same thing I did - Bottom Line Up Front is the key to capturing the next generation of young professionals reading the news. But it's interesting to see that they've sold at less than a billion dollars - it seems like their experiments were running out of steam, and it makes sense too with the tech industry downturn that they must be facing pressure to cash out.