• snooggums@lemmy.world
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    4 days ago

    Yet I always hear the services are losing money too. How is that even possible?

    Massive amounts of money spent on advertising to get that sweet sweet venture capital. Leeching as much money as they can out of the business into the pockets of investors and C suite parasites. Paying lawyers to fight lawsuits due to skirting laws.

    Just capitalism things.