this post was submitted on 20 Aug 2023
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[–] squiblet@kbin.social 51 points 1 year ago

It was losing money, but not much. They could have made some minor changes to make it profitable. However ~8000 people were making good salaries working for them, and tens of thousands of people and businesses benefited from the platform. Now it's much smaller, less useful, and still not profitable.