For what it's worth, FreeCodeCamp.com has 1/3 the page views that Medium has, with only 3 full time staff. https://www.similarweb.com/website/freecodecamp.com?competit...

I love Medium and I hope it succeeds. It sounds like their headcount was substantially higher than it needed to be and that this layoff was the right move.

I wish Ev had mentioned all the additional facts that are in this article by one of Medium's investors: https://500ish.com/long-medium-b9ddfe2c3a0a#.ch2benant