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I think it's interesting that a company with that many page views is only valued at $250 million.
by paulhauggis 11y ago
I think it's interesting that a company with that many page views is only valued at $250 million.
- nness 11y agoPretty much their only revenue stream is page advertising, which I would imagine is not that compelling for investors. Particularly since each community is bespoke, with mixed engagement. It'd be a nightmare to commercialise.
- veb 11y agoI thought the gold thing helped too? I always wondered why they didn't set some deals up with places like Teespring or Welovefine to explore other revenue options.
- nness 11y agoProbably their best bet would have been to build the tools which let the communities monetise themselves they want they wanted, then take a cut of the sales through that service.