RE: Steemit Inc Had A Layoff of 70% of Staff Due To Lack of Funds - How Should They Raise More Money?
Bevor we talk about how we can rise the money, we should talk about the details of the costs.... EACH Company is wasting some money in some points, and I am sure this is happened same with @ned 's one. To reduce the Stuff by the crazy amount of 70% is very high. The development will go like a turtle speed now.... There are for shure other points which can reduce the yearly cost. I am Shure this will not happened, but it will be nice to have the cost book transparent once here.....
To ad any advertising is not the solution for that problem. Steemit was from beginning without that and should be without that in the future. Advertising is ALLWAYS a tracking about the people, the users. THIS WE didnt like here on Steemit. ( never mind the blockchain is transparent ) But that's why we are not on Facebook!
Big Question:
What is the differrent from now and the past with the Steem Price of 7 Cent? Was is the same problem with the cost of the development and Stuff? I was not here from beginning, so I can not see what what happened that time, but it will be interesting if that time they cry as well about the cost of the developer.....