• @outdated_belated
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    1 year ago

    Startup/ IPO valuations are, nowadays, based on profit per user, rather than daily active users. (Or, at least, skewed much more towards the former).

    So, they (comparatively) DGAF if they get rid of 90% of their users if the 10% they do keep click on a shit ton of ads, or buy useless shit, or whatever.

    Related: enshittification