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by iwontberude 865 days ago
They were a startup, but now they are a medium sized business with website that burns cash.
2 comments

does it still burn a lot of cash? I'm not super following, but since it's x 90% of employees were let go, no9
Perhaps savings from payroll were offset by loan repayments.
They let go of the advertisers too though. 8chan doesn't have a lot of employees either.
assuming the horrendously low quality ads and loss in traffic, yes
Are they still operating red? Got a source?