Re:SoundCloud Raises $60 Million at $700 Million Valuation
by coldtea on Sunday January 26, 2014 @03:39AM
(#7124430)
True.
I think that this mania for getting bigger with no bounds (a company never being happy with their revenue) leads to destroying all consumer-friendly values in the end.
In older times, companies could run for decades, and build steadily. They would also be content to have certain constant revenue/profit.
I wish there were more people content with running a steady web business -- something like 37 Signals, instead of "aim for the sky" startups. Nowadays it's all about getting from $10 millions a year to $100 millions or a billion, as quick as you can, and screw your original services and customers.
We'd have far more depandable and non hostile web services that way.
I think that this mania for getting bigger with no bounds (a company never being happy with their revenue) leads to destroying all consumer-friendly values in the end.
In older times, companies could run for decades, and build steadily. They would also be content to have certain constant revenue/profit.
I wish there were more people content with running a steady web business -- something like 37 Signals, instead of "aim for the sky" startups. Nowadays it's all about getting from $10 millions a year to $100 millions or a billion, as quick as you can, and screw your original services and customers.
We'd have far more depandable and non hostile web services that way.