This title seems different than the content of the article - which says nothing about users.
That said, I can't pass up the opportunity to say "of course making money matters." Especially in an environment where raising your next round isn't the way (anymore) to profit from a business venture.
All the companies that touted their active monthly user count as a way to raise cash are panicking because their investors are now waiting for those users to be monetized.
But of course, "users" is still a mantra because there are a lot of high valuation tech companies that used un-monetized users as a basis of their pricing or marketplace growth.
These companies will fail if they can't monetize their base - and then the myth of "users" will disappear in the same way that "simply having a .com" meant you were worth millions in the late 90s.
That said, I can't pass up the opportunity to say "of course making money matters." Especially in an environment where raising your next round isn't the way (anymore) to profit from a business venture.
All the companies that touted their active monthly user count as a way to raise cash are panicking because their investors are now waiting for those users to be monetized.
But of course, "users" is still a mantra because there are a lot of high valuation tech companies that used un-monetized users as a basis of their pricing or marketplace growth.
These companies will fail if they can't monetize their base - and then the myth of "users" will disappear in the same way that "simply having a .com" meant you were worth millions in the late 90s.