this post was submitted on 17 Sep 2024
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[–] [email protected] 49 points 1 month ago (12 children)

All the ones where the idea was to "just start something, grow grow grow, then figure out monetization later" is wild to me.

E.g. reddit. It worked. CEO is rich, site is still online. Somehow they got investors probably, presumably.

I get not having profit. I get not having income, if it's in some prototype phase. But having no plan or idea whatsoever for how to monetize and still getting VC? Wild.

[–] [email protected] 4 points 1 month ago (2 children)

Although to be fair these days that gig is over. Unless you have path towards profitability it’s very hard to unlock investment beyond seed.

[–] [email protected] 3 points 1 month ago (1 children)

Do chatgpt and the like have a plan for profitability?

[–] [email protected] 2 points 1 month ago

ChatGPT absolutely has a path towards profitability.

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