this post was submitted on 28 Dec 2023
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Technology
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Not everything has to be a buisness.
This is the part that Silicon Valley doesn't get. We can, do, and need good things that don't make money.
They need to make some money - infrastructure isn’t free, employees need paid, etc. they should be self sustaining.
They don’t need to be 2009-Google profitable though. That pipe dream needs to end. 3-5% YoY growth is plenty.
They want 100 million $ houses on beaches that's why they are going after an IPO. The whole idea that they are not making money is laughable