Building a new platform in the streaming space is hard, unless you have really deep pockets and the will to really invest in a long term, unlikely to be profitable business. So #LiveSpace closing isn't a surprise.
there's an overabundance. getting in now🫣🫨
@holon42 It's still a young space really with lots of potential, but it takes either deep pockets or a really interesting hook to find a place within.
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yes, high entrance costs to last long enough to get profitable. lots of competition as well.