It's refreshing to see a tech company IPO that isn't VC backed and actually can sustain itself with its profits.
Maybe I'm just naive but I find it strange how so many companies focus so long on acquiring users and not on making money, thus forcing them to continue to get outside funding. For something like Facebook I can understand how this makes sense, but it seems as though this strategy is currently the norm rather than the exception.
Maybe I'm just naive but I find it strange how so many companies focus so long on acquiring users and not on making money, thus forcing them to continue to get outside funding. For something like Facebook I can understand how this makes sense, but it seems as though this strategy is currently the norm rather than the exception.