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baq12/10/20241 replyview on HN

The problem with such takes is 1) the facts are also consistent with performance plateauing for fundamental reasons and 2) there are good, perhaps better than them, competitors with similar issues.


Replies

ActionHank12/10/2024

I think we’re on the same page here. In lieu of growing the product because of fundamental constraints they’ve opted to grow business metrics to net more revenue which in turn looks good on paper to investors.