Comment by iwontberude | Hacker News Reader

Top New Best Ask Show Jobs

Comment by iwontberude | Hacker News Reader

Parent Full thread

They were a startup, but now they are a medium sized business with website that burns cash.

does it still burn a lot of cash? I'm not super following, but since it's x 90% of employees were let go, no9

Perhaps savings from payroll were offset by loan repayments.

They let go of the advertisers too though. 8chan doesn't have a lot of employees either.

assuming the horrendously low quality ads and loss in traffic, yes

Are they still operating red? Got a source?

Reply on news.ycombinator.com