Why did you need to find this? Was this a pressure from investors, or did you de... | Hacker News

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		geofft on May 24, 2017 \| parent \| context \| favorite \| on: Imzy is shutting down Why did you need to find this? Was this a pressure from investors, or did you determine internally that growth wouldn't eventually take off, ever? (One of the things that worries me a lot about taking venture capital is the pressure to grow quickly over growing well / sustainably, so I'm pretty curious about this....)

nebabyte on May 24, 2017 [–]

Practically any monetization effort is a function of the number of users - a percent of users paying is still a percent.

If they're not seeing the demand it's smarter to cut losses than to continue on without a plan to make the site sustainable.

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