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by ninkendo
1160 days ago
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To be fair, I think a lot of the time a company's initial product is developed/sold in a way that is unsustainable for profitability, in order to attract users/customers/etc. Think "growth hacking", etc. By the time such a company is bought, it's already at the point where they need to start focusing on long-term profitability anyway, which means cutting costs and actually finding a plan to make money. This always needs to happen eventually, and typically being bought (or IPO'ing, etc) is an impetus for this change. |
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But, as long as we're talking about possible causes, that startups do this sort of thing (catchy name like "growth hacking" or not) is a kind of deception that I object to anyway.
Releasing a product is a kind of promise, in a way. If a product is being released in an unsustainable way (growth hacking), the company should be calling that out from day 1.