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Re:Famo.us pivots, fires 20 employees by argonaut on Friday November 06, 2015 @06:23PM (#10522716)
1) They did not burn 30M (as stated in the article, most of it is still there).

2) You are conflating difficult to monetize with inherently impossible to monetize. They are not the same thing. Just because it's challenging and failure-prone, doesn't mean it's impossible.

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