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by jraedisch
342 days ago
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The reasoning could be that this makes reliably scaling down (and thus keep making a profit) easier, starting with getting rid of SREs. We have similar movement going on with Xing here in Hamburg, Germany (once conceived as a LinkedIn competitor). Great names that still have a lot of momentum, but are expected by ownership to slow down. Reminds me of Scott Galloway’s most profitable investment having been a yellow pages company. Yes, the market shrunk, but they could shrink running costs as fast or even faster. |
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