Oddbean new post about | logout
 Imagine needing 20 years and 100 million users to finally turn a profit

https://www.theverge.com/2024/10/29/24283056/reddit-earnings-user-growth-revenue-up 
 Looks like a standard VC startup playbook. Scale first, monetize later.

I don’t know why it took 20 years … would need to see their growth rate and where they are today. 
 When you become profitable the year nostr comes into existance.  Good run.  Lol. 
 What I find so hard about this is how much I have to unlearn to realise what you're talking about

Fiat startup culture is fascinating, compelling, alluring, and a place I spent many years

But it's also hard, exhausting, anxiety inducing, and only possible with fiat money, a set of facts I can only see in hindsight

Who would have thought that aiming to create profitable businesses was such a crazy thought!