"Our initial graphs at Formspring, as you probably know, all hockeysticked up and to the right. Nearly straight up. Oh wait, the graph has peaked and is starting to slowly (very slowly) trend downward. What do we do? Make big bets, right? Try to recapture that crazy growth!"
Make big bets?... And then what? You had a ridiculous # of users in the initial stages, and couldn't make a profit from that. What made you think just getting more growth would solve all your revenue problem? ..Wait.. you were waiting for a white knight in shining armor (ala Google/Twitter/etc) to acquire you. Ah, I get it now.
Make big bets?... And then what? You had a ridiculous # of users in the initial stages, and couldn't make a profit from that. What made you think just getting more growth would solve all your revenue problem? ..Wait.. you were waiting for a white knight in shining armor (ala Google/Twitter/etc) to acquire you. Ah, I get it now.