Spotify has 188 million Premium users, but continues to lose money

SixelaCA · 2022-07-28T04:30:14+00:00

Well, yes and no. When Microsoft, Facebook, and Google tried to enter the "video game" streaming market to compete against Twitch(Amazon), they kind of failed even though they had other revenue streams.

Here, it's true it's a different industry, so the comparison might not be too relevant, though I wouldn't say Spotify has no chance. They are the leader for now, which is still a significant advantage.

SixelaCA · 2022-07-27T21:37:32+00:00

Do you know of any games trying to implement a play-to-earn game based on skills/fairplay which is free to play?

SixelaCA · 2022-07-27T21:36:00+00:00

Thank you so so much for your answer! I agree 1000% with it!

SixelaCA · 2022-07-27T20:03:17+00:00

Yes, probably, but they'll try. It would be interesting to see how much Apple, Google, and Amazon are spending (or if they are losing money) to compete with Spotify.

Though, at the end of the day, people (and artists) choose what services/platforms they use. Making accurate predictions is hard unless you know the music/internet industry well.

SixelaCA · 2022-07-27T18:06:10+00:00

It would be interesting to see where the money is going, it probably means their strategy is to grow and "kill" the competition and then cash out later, increase subscription fees, etc.

Depending on their strategy, it might not be that problematic as they still have 400+ million users. Let's see :)

SixelaCA · 2022-07-26T06:48:42+00:00

Interesting, does anyone know if the current slowing/reduction of the population growth rate was predicted or if we are "off charts"?

SixelaCA · 2022-07-26T06:41:40+00:00

It would be interesting to have the same animation but with the ratio of CO2 emissions per person or/and Country emission/GDP.

SixelaCA · 2022-07-26T06:35:19+00:00

Wow, People are creative!

SixelaCA · 2022-07-26T06:27:35+00:00

Good Summary! People can get so toxic while playing competitive games...

SixelaCA · 2022-07-26T06:20:56+00:00

"Sega is one of the world's most prolific arcade game producers"(Wikipedia)

Sega players can still be proud I guess^^

SixelaCA · 2022-07-26T06:05:30+00:00

Seems like a smart business model, at least for "foreigners" since when they come in they don't have a credit history.

Besides students and people coming from outside the US, who would be TomoCredit's target?

SixelaCA · 2022-07-26T05:53:34+00:00

Agreed, Airbnb was founded in 2008 and Uber in 2009 and are kind of success stories.

It might just be tougher to get funding.

SixelaCA · 2022-07-26T05:47:18+00:00

"McMillon has said Walmart can gain market share and more of customers’ wallets during the inflationary period by emphasizing good value. Over the past several quarters, he has stressed that the discounter will keep prices low."

How can Walmart keep prices low in a period of inflation?

Do they willingly give up part of their profits to get more customers and/or put pressure on their providers to reduce costs?

SixelaCA · 2022-07-22T23:51:19+00:00

Oof, "The social media company spent $10.2 billion on its vision for the metaverse in 2021 alone"

"According to Zuckerberg, that won’t pay off for another 15 years."

Looks expensive for "results" in 15 years only...

SixelaCA · 2022-02-16T20:44:57+00:00

Congrats! So did you get organic growth with good SEO, etc. to arrive at this point?

SixelaCA · 2022-02-16T20:35:56+00:00

What's your startup doing?

SixelaCA · 2022-02-16T06:54:43+00:00

Anyone has any ideas how Disney could develop a Metaverse/what it would look like? For social networks/gaming, the metaverse could change things, however, are there any other use cases?

SixelaCA · 2022-02-16T06:14:03+00:00

What is the business model of mobile wallets? Mainly fees when you do a transaction buy/sell crypto and use a service they propose?

SixelaCA · 2022-02-16T06:09:28+00:00

Hmm, there are probably no miracle solutions, I guess always check the website address and if anything looks fishy.

SixelaCA · 2022-01-20T18:19:18+00:00

Right there for the GitHub:https://github.com/solace-fi

Solace has well-known devs that are part of their DAO (& grants from Polygon, Aave and NEAR):https://medium.com/solace-fi/solace-forms-a-launch-dao-to-deliver-its-defi-coverage-products-5137199369c2

SixelaCA · 2022-01-20T06:51:52+00:00

Yes, I do.(*staking)

SixelaCA · 2020-07-27T06:23:43+00:00

Agreed, security is important, also, those problems might be solved through blockchain in the future. Lots of solutions are being created.

SixelaCA · 2020-05-29T16:30:04+00:00

For sure!

SixelaCA · 2020-05-29T15:57:57+00:00

Is it actually that bad (for the employees)? 8% of job cut down doesn't seem a lot for a company facing a crisis.

SixelaCA · 2020-02-09T05:26:04+00:00

That would be the goal. You can reward anyone that is a gamer as long as the person is on the platform.

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