Cory Doctorow on Nostr: You can't reach the $700b break-even point at $60b/year in two years, three years, ...

You can't reach the $700b break-even point at $60b/year in two years, three years, *or* five years.

Now, some exceptionally valuable technologies *have* attained profitability after an extraordinarily long period in which they lost money, like the web itself. But these turnaround stories all share a common trait: they had good "unit economics. Every new web user reduced the amount of money the web industry was losing.

29/