• vinniep@beehaw.org
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    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. 🤷