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The company, which charges users between $10 and $120 for a monthly subscription to its image generator, is on pace to surpass $200 million in revenue this year, according to people close to the company. Details about Midjourney’s financials have not been previously reported.
‘He Doesn’t Need VC in His Life’: How Midjourney’s Founder Built an AI Winner While Rejecting Venture Capital
Kate Clark
In the end, the most likely “Ethereum killer” would be the network itself because postponing the scaling solution would push users and dApps to alternative solutions.
3 reasons why Ethereum price might not hit $5,000 anytime soon
Marcel Pechman
Startups are promises of future profits; in the 2010s, Big Tech made unbelievably huge amounts of *actual* profits. For all the talk of disruption, not even one of the companies that started the 2010s in a dominant market position was successfully disrupted by a new entrant. (Facebook’s modest loss of market share to TikTok is the perhaps the closest example.)
The Big Tech Layoffs Are a Turning Point
Noahpinion
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