this post was submitted on 17 Oct 2023
1668 points (95.1% liked)

Technology

59578 readers
3120 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
1668
Spotify re-invented the radio (lemmy.world)
submitted 1 year ago* (last edited 1 year ago) by alphacyberranger@lemmy.world to c/technology@lemmy.world
707 comments fedilink hide all child comments
 

Can't even seek through songs.

you are viewing a single comment's thread
view the rest of the comments
[–] ilinamorato@lemmy.world 1 points 1 year ago

That really makes it sound like being unprofitable is a choice rather than an inevitable reckoning with a fundamental unsustainability of the business.

Yeah, for a while it is a choice. Finding an audience, finding a customer base, finding product/market fit, all of these things take time. But after a while that choice gets taken away. If Spotify doesn't start making money soon, its investors probably won't stick around much longer.

Seems to me that most tech companies don't get to survive their "unprofitability" for so long.

A massive subscriber number absolves a lot of sins. Not unprofitability, though; at least not for very long. Hence platform decay.