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by surge
426 days ago
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Sorry, just I thought anyone lurking here for a while was pretty familiar with the whole model of "offer service for free to gain user adoption, then sell out or pivot". Most of these services that we enjoy simply aren't sustainable and are running on borrowed time (or VC money). |
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As I understand, the complaint was that things get ruined once acquired. Great, we all know that it's in part because of unsustainable business models in the hope of getting acquired*. Does that mean we have to like it? Wouldn't it be nice to encourage companies to have sustainable business models?
*But also not entirely. Even if you build a sustainable business model, for you it's throwing off profit and that's gravy for you. But once someone buys it from you, suddenly they are in the hole and have an investment to recoup, especially if they overpaid. And so the temptation arises to goose things to pay back that investment more quickly