TV series about startup failures, portraying greedy founders, and the damages

Re:TV series about startup failures, portraying greedy found... by capableweb on Sunday May 07, 2023 @11:01AM (#35852203)

Yeah, I agree, I have no idea why people keep investing in companies that don't turn a profit, or companies that seemingly don't care about being profitable. It doesn't seem like most startups are interested in being sustainable, they're just interested in reaching the next funding stage, and eventually getting a big payout.

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Re:TV series about startup failures, portraying greedy found... by bee_rider on Sunday May 07, 2023 @11:14AM (#35852308)

I can see the rationale for investing in a company that isn’t profitable but could be, and has just opted to grow instead. Amazon, right? But I don’t see where Spotify’s “profit” switch is.

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Re:TV series about startup failures, portraying greedy found... by capableweb on Sunday May 07, 2023 @11:46AM (#35852633)

Exactly the same for Spotify, they haven't started squeezing yet which Amazon started doing a long time ago. Spotify reinvests a lot of money in itself still.

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Re:TV series about startup failures, portraying greedy found... by lotsofpulp on Sunday May 07, 2023 @12:11PM (#35852916)

Who is Spotify expected to be able to squeeze?

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Re:TV series about startup failures, portraying greedy found... by prepend on Monday May 08, 2023 @06:38AM (#35860079)

Amazon would briefly “come up for air” to demonstrate it could earn profit if it wanted. Spotify hasn’t done that and I don’t think they could earn a profit.

Also, Amazon didn’t go 17 years without profit. Is there any company that went that long and then went profitable?

I like Spotify, but do they even have a roadmap to profitability? Are they even projecting profitability any number of years out?

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