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Re:Popular Patreon creators are being hit with Vimeo price h... by xmodem on Tuesday March 15, 2022 @12:03PM (#30687000)
This looks like a particularly egregious case of the toxic influence of VC money. Whey build a sustainable platform from day one when you can use the free money tap to attempt hypergrowth. Unfortunately, eventually it runs dry, and you have to justify your valuation based on whatever you did manage to build.
Re:Popular Patreon creators are being hit with Vimeo price h... by mschuster91 on Tuesday March 15, 2022 @12:17PM (#30687176)
> Whey build a sustainable platform from day one when you can use the free money tap to attempt hypergrowth.

When the competition (mainly YouTube) has billions of dollars worth of R&D and deficit-coverage budget, you don't stand a chance building a "sustainable" platform because all potential customers of yours will rather go for the free option.

The fact that egress data is ridiculously expensive, especially at the quantity you need to build a global high-performance network, only reduces the options you have.

Re:Popular Patreon creators are being hit with Vimeo price h... by RubberbandSoul on Tuesday March 15, 2022 @12:25PM (#30687274)
Billions of dollars worth of R&D and I still can't organize my subscriptions. Sorry, I had to.
Re:Popular Patreon creators are being hit with Vimeo price h... by Nextgrid on Tuesday March 15, 2022 @02:50PM (#30689355)
Those billions of dollars of R&D explicitly went into preventing you from organizing your subscription - since at scale that probably leads to more "engagement".
Re:Popular Patreon creators are being hit with Vimeo price h... by aserdf on Tuesday March 15, 2022 @12:25PM (#30687286)
vimeo had their IPO last year (VMEO)
Re:Popular Patreon creators are being hit with Vimeo price h... by fullshark on Tuesday March 15, 2022 @12:42PM (#30687505)
81% off its initial day of trading price. Are there ANY tech IPOS in the last 2 years that are currently trading above their IPO price? I get we are approaching a bear market today but some day the public will wise up to the fact that they get no chance at genuine growth opportunities for these niche tech companies and are being sold on illusory global market dominance narratives.
Re:Popular Patreon creators are being hit with Vimeo price h... by mardifoufs on Tuesday March 15, 2022 @08:51PM (#30693937)
Cloudflare? Though that would be 2 years and a half IIRC.
Re:Popular Patreon creators are being hit with Vimeo price h... by sct202 on Tuesday March 15, 2022 @12:37PM (#30687437)
-81% in about a year ($55->$10.4). Big yikes there.
Re:Popular Patreon creators are being hit with Vimeo price h... by naoqj on Tuesday March 15, 2022 @01:03PM (#30687836)