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If they tried to make money before the IPO it'd have only demonstrated how impossible it is for them to generate revenue.

Them actively searching for monetization strategies now seems to indicate an understanding that the capital well is running dry.




> Them actively searching for monetization strategies now seems to indicate an understanding that the capital well is running dry

Before they IPO'd they still had user growth. So they could get money from VCs by selling the "in 6 months we will have X million more users" story.

Now they're public, they don't have a growing user base, and the market expects them to stop losing money. They can't keep losing money forever as the VC option is gone now that they're public.


> demonstrated how impossible it is for them to generate revenue.

$2.5 billion in 2016



They have WAY too many employees. They need to cut half, and become profitable.


ability to get income/revenue should not be questioned though.




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