Technology

59534 readers

3199 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

485

Used VPN for cheaper YouTube Premium? Congrats, your subscription has been canceled (www.androidauthority.com)

submitted 5 months ago by neme@lemm.ee to c/technology@lemmy.world

154 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] A1kmm@lemmy.amxl.com 6 points 5 months ago

they have ran out of VC money

You know YouTube is owned by Google, not VC firms right?

Big companies sometimes keep a division / subsidiary less profitable for a time for a strategic reason, and then tighten the screws.

They generally only do this if they believe it will eventually be profitable over the long term (or support another part of the strategy so it is profitable overall). Otherwise they would have sold / shut it down earlier - the plan is always going to be to profitable.

However, while an unprofitable business always means either a plan to tighten screws, or to sell it / shut it down, tightening screws doesn't mean it is unprofitable. They always want to be more profitable, even if they already are.