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Re:Renewing Medium’s focus by jmknoll on Thursday January 05, 2017 @02:05AM (#13325321)
"So, we are shifting our resources and attention to defining a new model for writers and creators to be rewarded, based on the value they’re creating for people. And toward building a transformational product for curious humans who want to get smarter about the world every day.

It is too soon to say exactly what this will look like. This strategy is more focused but also less proven."

In so many words, "We'll think of something."

Re:Renewing Medium’s focus by type0 on Thursday January 05, 2017 @02:39AM (#13325443)
> In so many words, "We'll think of something."

Maybe they would try to get acquihired

Re:Renewing Medium’s focus by ascorbic on Thursday January 05, 2017 @07:52AM (#13326711)
Companies that raised $123 million don't get acquihired.
Re:Renewing Medium’s focus by gph on Thursday January 05, 2017 @08:10AM (#13326798)
Why not? That's a genuine question, not trying to be a smartass. Would a company that raised that much money not be worth its value to be acquired?

Edit: Looks like Instagram had raised 50m before being acquihired. Definitely a much different situation than this one, but it's not outside the realm of possibility that a company which raised 100+ million would be acquihired.

Re:Renewing Medium’s focus by demystified on Thursday January 05, 2017 @09:03AM (#13327128)
I would not consider Instagram being "acquihired".

See definition from wikipedia (https://en.wikipedia.org/wiki/Acqui-hiring): "...the process of acquiring a company to recruit its employees, without necessarily showing an interest in its products and services—or their continued operation"

Re:Renewing Medium’s focus by ascorbic on Thursday January 05, 2017 @10:22AM (#13327762)
Instagram was sold for $1 billion with just 13 employees. That's certainly not an acquihire.
Re:Renewing Medium’s focus by ascorbic on Thursday January 05, 2017 @10:21AM (#13327743)
Because acquihires are at much, much lower valuations than that. You'd be relying on the investors agreeing to basically write off their investment.