they're losing money because that's how this stage in a gold rush works - everyone in the hot space raises a ton of money and burns through it trying to grow bigger than their competitors so that when they figure out the business model they can do it better than anyone else
Silicon Valley explained it pretty well https://www.youtube.com/watch?v=BzAdXyPYKQo&pp=0gcJCdgAo7VqN5tD
Simon Willison /
npub1gv…utlwl
2025-04-29 22:42:09
in reply to nevent1q…mv2z
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npub1gv26rplqyjqcfyhxryuqjwaxs0dwve3y6gpv6smn3hjm3wse3s8squtlwlPublished at
2025-04-29 22:42:09Event JSON
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