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Joined 1 year ago
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Cake day: June 7th, 2023

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  • Eh? That article says nothing about their profit margins. Today they have something like $3.5B in ARR (not really, that’s annualized from their latest peak, in Feb they had like $2B ARR). Meanwhile they have operating costs over $7B. Meaning they are losing money hand over fist and not making a profit.

    I’m not suggesting anything else, just that they are not profitable and personally I don’t see a road to profitability beyond subsidizing themselves with investment.






  • I understand that but none of the replacements came close to matching the level of content and quality, risa used to always be popping in recent and I’ve not found any of the replacements (I subscribed to them all) to be anywhere near that. Not saying the action wasn’t warranted (it probably was) but still sad.