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by pw 3130 days ago
This seems like yet another example of how tech’s ridiculous focus on ambition and growth are going to kill something that’s just fine the way it is. I’m a fan of Meetup.com, and it sounds like they are/were self-sufficient, but suddenly the cofounder and CEO thinks they need to grow to a “billion members”. Sad.
1 comments

I'm also a fan of Meetup.com. Based on the article, I don't think Scott necessarily wants to have a billion members. Instead, he doesn't want to go out of business because Facebook takes over their industry. Meetup is fairly independent and hasn't raised a lot of money. A competitor to Meetup that doesn't charge for groups (initially) and has huge resources to develop features and conduct marketing could kill them. I think Scott thought he needed to prioritize surviving, providing jobs and continuing his political activism. If that is the case, becoming more ambitious is a survival strategy. It's disappointing but not the usual tech exit.