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uhryks • today at 4:11 AM • 1 reply • view on HN

When your company is bleeding billions every year already, buying startups is pocket money. If anything it's actually a good diversification strategy to build tools that bring new value not directly tied to their loss leader product.


Replies

lifeisloving • today at 4:55 AM

Huh?

No.

Neither of these companies made money, the podcast nobody watches literally made more money than the 6 billion dollar device company.

You dont buy companies that make negative amounts of money and are newer than you. No idea where you got that idea.

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