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> startups with 10+ years of unprofitable existence without any potential exit are going to get disrupted by newer players. It depends how unprofitable. Well-e
by dehrmann 4y ago
> startups with 10+ years of unprofitable existence without any potential exit are going to get disrupted by newer players.
It depends how unprofitable. Well-established products like Twitter and Reddit are big, have an established user base, and while not particularly profitable, I also don't see them getting disrupted by a rising competitor.
- snordgren 4y agoThey are social media sites, the textbook example of the network effect. Them not being very profitable is almost like a moat in itself - not only is it hard to displace them, it's probably not profitable to do so either.
- KerrAvon 4y agoMastodon — which is a non-profit — is nibbling away at Twitter.