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causal
835 days ago
The question is how they managed to make such a commodity operation so dang expensive to run.
2 comments
Ekaros
835 days ago
Endless injection of cash? Sometimes I think that the VC model is wrong, and taking a few pages from bootstrapped start-ups might make lot more sense...
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rightbyte
835 days ago
I think VCs and similar sees profit as wasted growth. The product Reddit is selling is a bag holding transfer.
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