okay Google, how about this. I already pay for premium, but Im too lazy to disable my adblocker for just your site, can we just call it a draw and move on?

  • tal@kbin.social
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    1 year ago

    I think – and I don’t claim familiarity with the details of each company’s situation – that this may have something of a common cause.

    As long as investment dollars are readily available and growth possible, it makes sense to stay in “growth” phase, burn investment dollars, lose money, grow userbase.

    Once they are not, then it becomes more important to switch to monetizing the userbase that has been built up.

    My understanding is that the post-COVID-19 environment – with higher interest rates, tighter capital – is less-amenable to obtaining investments for growth. And all tech companies will be affected by that, will tend to shift away from “burn easily-available now capital to try to increase revenue later” more into generating revenue.