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A comment on Foursquare, Quora, Path: What Becomes Of The Underachievers?. Parent comment

Re:Foursquare, Quora, Path: What Becomes Of The Underachievers? by chippy on Saturday June 28, 2014 @02:29PM (#7958878)
Completely agree. Underachieving according to what criteria? The criteria of modern capitalism of high velocity ever increasing profit for their investors and shareholders. Not about popularity, sustainability or user base, but money.
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Re:Foursquare, Quora, Path: What Becomes Of The Underachievers? by michaelt on Saturday June 28, 2014 @03:01PM (#7958970)
I think they are interpreting pivots as a sign that the founders and/or investors wanted to change direction, because the previous direction wasn't succeeding.

I'm all for small, sustainable sites which provide a service and don't try to monetise too desperately. But when you take $50 million in VC funding, surely the founders know they're boarding the ten-times-return-or-bust train?

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Re:Foursquare, Quora, Path: What Becomes Of The Underachievers? by jeffdavis on Sunday June 29, 2014 @01:39PM (#7961789)
"Not about popularity, sustainability or user base, but money."

By what criteria would you say that those companies are sustainable?

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