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by throwayit
3145 days ago
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3% quarter over quarter growth on a product that is supposed to be still in growth mode is pretty bad. Compare this growth rate to Facebook's when it was was a 200 million DAU and it is not much at all. Add in their enterprise value to revenue ratio and its a very sad story. |
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Yes this is very true.
They have to find a new growth channel somehow. It's good news that their user base isn't being eroded by competition, but they need to try something different to grow.