Enlightening. Hey, guess what? A lot of businesses have run in the negative until they got traction and make a metric ton of money. Congratulations on being profitable from day one. TMTOWTDI
That said, I despise the twitter business model...
I think the key point here is that while they are in the negative phase, they aren't "successful businesses"; they're struggling to survive. Jason's problem it seems is not so much that people aren't profitable, its that they are credited with being successful prematurely.
EDIT: Or maybe it's just the "We know the best way to do everything" attitude.
I admire their success, but not the condescension. I might be the only one here, but not the only one.
You're the one that's extrapolating here.
Fried is indirectly criticical of the Evernote model, but he isn't writing it off. What he's saying --- straightforwardly --- is that Evernote isn't a business success, yet.
What he's very directly critical of is the lazy journalism that valorizes the Evernotes of the industry. Evernote may be successful one day. It may even be very likely that Evernote will be successful. Maybe very successful. But it hasn't happened yet.
I tend to agree with the statements made in the blogpost.