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0 pointsmattmanser5y ago0 comments

You're missing his larger point by focusing on the first few sentences.

Effectively the only reason it's not supporting itself is precisely because Amazon bought it.

0 comments

The only reason it was supporting itself previously is because investors are pouring money in it with the hope that some big company will buy it with the hope that they can have value to them.

wpietri5y ago

Nope. Per Crunchbase, Goodreads took only $2.8m in funding to cover the more than 6 years they were in operation.

j / k navigate · click thread line to collapse

0 pointsmattmanser5y ago0 comments

You're missing his larger point by focusing on the first few sentences.

Effectively the only reason it's not supporting itself is precisely because Amazon bought it.

0 comments

YetAnotherNick5y ago

The only reason it was supporting itself previously is because investors are pouring money in it with the hope that some big company will buy it with the hope that they can have value to them.

wpietri5y ago

Nope. Per Crunchbase, Goodreads took only $2.8m in funding to cover the more than 6 years they were in operation.

j / k navigate · click thread line to collapse