It's a "pure play"
this post was submitted on 19 Jan 2025
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Spotify hasn't made a profit at all since its inception afaik.
No way with their user base being so massive they are net loss. Can't be true
Spotify on Tuesday said it anticipates reaching profitability for the full year in 2024, which would mark the company's first full profitable year since it launched 18 years ago.
https://www.axios.com/2024/11/13/spotify-projects-first-full-year-of-profitability-ever
Wild. You would think they would have restructured somehow rather than banking on investor money in hopes that doesn't dry up and to be net loss for 18 years just goes to show there is too much dumb money in the system at play.
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Fuck no it should never be normal. Its against true business. If there wasn't so much money in the system then a business would have to actually run like a real business.
No.
Yes and it should be worse. OpenAI should be forced to take on the cost of compensating every copyright holder it exploited. If that means OpenAI doesn’t exist I’m absolutely okay with that.
Chat GPT= Email Grammar Check.