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The rumors in Sofia were that the company was going downhill. This seems to confirm it. I really tried to like their products. Didn't managed. And they flooded
by venomsnake 12y ago
The rumors in Sofia were that the company was going downhill. This seems to confirm it.
I really tried to like their products. Didn't managed. And they flooded the market with half trained "developers" from their academy.
- gchokov 12y agoAnd how exactly is 263M for 10 years "going downhill"?
- x1024 12y agoEvery large number sounds impressive, don't get yourself caught in that mind-trap. Divide the number by their employees, check earnings/winnings, subtract investments, compare to other companies and draw your conclusions again. If I make $1000000/year, that's great. But if it takes me 1000 people to do it, that's less than $100 per person per month.
- rational-future 12y agoIt was bootstrapped, from what I know the original 4 founders used to own 80% of the company a year or so ago.
- x1024 12y agoWhat you know is false, sorry.
- llcoolv 12y agoAnd what if they started with 4 and ended up with a 1000?
- venomsnake 12y agoIts called aquihire. Its also one seventh tumblr and rounding error of whatsapp.
- gchokov 12y agoWhich prove what kind of value? Oh wait, I know. Cats pictures and yet another chat app. #Sigh I really hope that all these overpriced startups which provide zero value and plans for "ads revenue" get what they deserve, and then we'll speak about "value" at all.