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Spotify goes back and forth from barely profitable to losing money every quarter. They have to give 70% of their revenue to the record labels and that doesn’t
by scarface_74 1y ago
Spotify goes back and forth from barely profitable to losing money every quarter. They have to give 70% of their revenue to the record labels and that doesn’t count operating expenses.
As Jobs said about Dropbox, music streaming is a feature not a product
- myroon5 1y agoI listed multiple candidates so disputing one wouldn't dispute my main point ;) Hyperbole to say no major consumer tech brands have launched for decades
- bigyabai 1y ago> back and forth from barely profitable to losing money every quarter I would be shocked if OpenAI was not in a similar (or worse) position.
- degamad 1y agoI would be shocked if OpenAI was profitable in any quarter...