alt Hacker NewsOption A: the business goes bankrupt, investors lose money, customers lose the product, all employees get fired.
Option B: the business stays afloat, investors make money, customers keep the product, some employees get fired with a severance.
You think option A is superior?
Here's the rub: Vimeo was profitable, and had no debt. Per their last public filing(s), in 2025 the company had: - ~$400M expenses - ~$420M revenue (therefore ~$20M profit for the year) - ~$300M of cash in the bank (no debt)
Vimeo has not had major growth in recent years, but it was making progress, however slowly. Just nowhere near the 10x expectations out there. Nobody was going to lose anything.