755
you are viewing a single comment's thread
view the rest of the comments
[-] vinniep@beehaw.org 31 points 1 year ago

Money. Tech was hot and trendy, so VCs were willing to continue pouring cash into a bottomless pit of unprofitable tech platforms, and now they're not so everyone has to figure out how to make money off of the community. In a surprise to absolutely no one that's been paying attention, companies filled with people that have never had to be profitable before are really bad at turning their company profitable and instead only manage to light large sections of it on fire. 🤷

this post was submitted on 11 Jun 2023
755 points (100.0% liked)

Technology

37208 readers
119 users here now

Rumors, happenings, and innovations in the technology sphere. If it's technological news or discussion of technology, it probably belongs here.

Subcommunities on Beehaw:


This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS