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> We’ll continue to be profit-driven until profits arrive. Unlike some of the 3P apps, we are not profitable. Full quote of a CEO stating that a bunch of indep
by maximinus_thrax 3y ago
> We’ll continue to be profit-driven until profits arrive. Unlike some of the 3P apps, we are not profitable.
Full quote of a CEO stating that a bunch of independent developers are able to make a good profit while the pre-IPO company he's running is not.
Can you short an IPO? Not sure how these financial shenanigans work.
- djbusby 3y agoNot really. And the options market doesn't open until weeks after the IPO.
- danudey 3y agoMaybe they should buy Apollo for $10m, at least it would be a revenue stream based on tangible user benefits rather than whatever cosmetic meme bullshit they think of next.
- renata 3y agoThey bought Alien Blue a while ago and turned it into the current terrible app that apparently can't make money, but I guess they could try again.