dlcarrier
8 hours ago
It mostly comes down to the company or division having started by running at a huge loss, with no plan for a path to generate income, to grow a customer base and increase the valuation of the company or division, then the leader cashing out and making it someone else's problem when they need to start generating revenue. At that point, the company or division is grasping at straws, because it has no experience with what people are willing to pay for, and customers are used to using a product or service that is sold at a loss. The more random revenue streams they try out, the higher the chances that they come across one that everyone is happy with, but the rest of them will be huge misses that no one is happy with.