Hey, I guess its like a forest - a tree falls down and small seedlings take up the space. Ah, the endless cycle of human struggle.
Got me thinking: isn’t one of the core premises of investing that you’re purchasing ownership of cash flow? Is the ideal company one that it’s never profitable because it so perfectly allocated its money to never return a dime, but always to reinvest in itself? There’s a time and a place for re investment, but returning profit to investors is marginalized these days.
Apple probably doesn’t have a money problem, the culture does. Startups don’t sell growth except secondarily, they sell profit.
Are they selling an ad free experience yet?
I'm sure they'll shut down the APIs allowing third party clients (like Apollo) soon, like Twitter did.
I have been nervously awaiting this day as well, but I just realized something in the context of HN.
Say reddit kicked off Apollo and all the apps... What an opportunity to make a reddit API clone & then site! Apollo alone has many loving users, some of whom would go with Christian to a new backend. Maybe all the apps would agree on one to migrate to? I wonder if this is already part of reddit's calculus when considering kicking the 3rd parties.
I'm sad for what Reddit will become in the next two years.