• @KevonLooney@lemm.ee
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    731 year ago

    People who invest are betting that the problems can be solved by a new team or when the company is sold to Facebook.

    • @db2@lemmy.world
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      611 year ago

      Imagine thinking that about a company that isn’t even doing remotely as well as Lycos.

      That’s right, it still exists and unlike reddit it’s profitable.

      • @Clbull@lemmy.worldOP
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        51 year ago

        Lycos isn’t even a particularly bad search engine. It’s just been overshadowed by bigger players like Google, Bing, Baidu, DDG, Yandex, etc. I imagine that their low traffic helps to lower their operating costs a lot.