this post was submitted on 22 Feb 2025
351 points (98.9% liked)
Technology
63134 readers
3468 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I guarantee this was their goal all along. Build up something to have a larger entity come through and buy the company. Wish I had thought of it but I'm not a fan of screwing over the user base.
So essentially the same business plan as 95% of all tech startups of the past quarter-century.
They wanted 1 BILLION, and they got $230 Million
Roughly 230 million more than I made in the same timeframe
They probably lost a ton of money developing it. I bet nobody got overly rich with this endeavor.
You made a dollar this last year?
Rounded to the closest million that actually checks out…
A dollar, a hundred thousand dollars, these are just rounding errors compared to $250 million.
Insane they got even that.