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Teehee (lemmy.world)
submitted 1 week ago by to c/funny@lemmy.world
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[–] 9 points 1 week ago (7 children)

Ah yes, just operate at a loss until you somehow turn a profit. Brilliant!

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  • [–] 13 points 1 week ago (5 children)

    It is a sound strategy for companies that need to reach a certain size to be viable, pretty much every mass-consumer tech company does it/did it.

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  • [–] 3 points 1 week ago

    It is a sound strategy in the current market climate, for sure. It shouldn't be, but we've allowed markets to consolidate to the point where they often have few enough players to count on your fingers, so it is.

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  • [–] 1 point 1 week ago (3 children)

    There’s one tiny detail that you need a viable plan to actually turn a profit.

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  • [–] 2 points 1 week ago (2 children)

    And reddit did turn a profit, for the first time ever, shortly after going public.

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