Comment by Semiapies

I'm really wondering how VC money was supposed to make this business profitable. Sure, the idea is let them last long enough to grow their customer base, but with "millions" of pages read, they were making ramen-profitable-for-one-guy money from something that required a team of people. I imagine it didn't seem clear to investors that there was a big potential for growth, and they'd need big growth just to survive, much less provide a return to investors or drive off into the sunset in a Ferrari.