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 UTC
in reply to nevent1q…mv2z
Author Public Key
npub1gv26rplqyjqcfyhxryuqjwaxs0dwve3y6gpv6smn3hjm3wse3s8squtlwlPublished at
2025-04-29 22:42:09 UTCEvent JSON
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