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A comment on Renewing Medium’s focus. Parent comment

Re:Renewing Medium’s focus by nathancahill on Wednesday January 04, 2017 @04:37PM (#13322289)
Hilariously true, since the mantra is purported to be "fail fast" and not "prop up on VC money than fail spectacularly years later when it runs out"
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Re:Renewing Medium’s focus by rrdharan on Wednesday January 04, 2017 @09:55PM (#13324331)
I honestly don't think this counts as a spectacular failure. It's not like the entire company imploded. Spectacular failure is, I dunno, like Fab.com, Color Labs, or maybe Megaupload.

The Medium situation looks a lot more like Mixpanel to me. They overhired, they are laying off. Business are actually supposed to be able to do that, in a functioning flexible labor market, and I don't see why we should vilify them specifically.

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