4 ms·
why do so many sites/projects end up like that?
by jdalgetty 14y ago
why do so many sites/projects end up like that?
- senorprogrammer 14y agoMoney. Lots and lots of money.
- donnfelker 14y ago10M looks like a lot initially. Break it down after vesting and investment and its actually not much at all. Its a "nice bonus" for the founders and early employees, at best.
- herval 14y agoI'd say because they ultimately never generate enough revenue to pay rent? Failure is the final destination of pretty much everything that is ever built - it's a good thing some at least have the luck to be "acqui-hired" in the end... (the fact that many start projects with that objective in mind doesn't help to improve these numbers either)
- hayksaakian 14y agoBuyout vs failure. Last I heard they had no revenue model, so...
- djloche 14y agoI have to imagine it is a combination of both the attractiveness of a big payday and being able to move on to something new.