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378: TZ Discussion - Toaster Lovers Anonymous

TechZing

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The Death Spiral of Social Networking

"There's nothing like actually solving problems with someone about something," he says. "I mean, I'm sure that there's an infinite number of problems like as a business grows." Reddit is in a death spiral because it needs to make money for the sake of its users' livelihood and they can't afford not to pay their bills. The company has raised more than $100 million since launching last year.

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