This could be enough reason to stop my subscription to @guardian

https://www.theguardian.com/technology/2023/aug/05/20-apps-make-summer-go-smoothly

Well played the massive #w3w marketing team though - a few articles like that are well worth the annual £30-40m loss of the last couple of years

Penetrating analysis of #w3w by the FT (needs free registration) https://www.ft.com/content/036e9470-97cd-4e7f-84d7-4262e457d17b

Highlights:
Cumulative losses of £130m since 2015
Spent £50 for every £1 of revenue generated
Total funds raised £180m
Just raised £7m via Crowdcube last month but would not predict when the company would reach profitability
MD appears to be doing well

I am baffled that people continue to invest in #w3w but I am old fashioned about things like revenue, cost control & profitability. Will this end badly?

I watched this scene from #Blindspot far too often.

https://youtu.be/jZdmUAe3pMM

#tvshows #series #tv #whatthreewords #w3w

A good perspective on #w3w financials. Over the last 6 years #w3w burnt £119m to generate sales of £2.5m

“At what point do the founders have an obligation to call it a day and stop taking more investors' money?”

https://www.linkedin.com/posts/seb-johnson_what3words-narrows-losses-to-315m-activity-7067114533303013377-cKcJ

@zucker
Das ist, sich wortlos zu verstehen. ☝️😉

Ich finde ja, dass #w3w als Standard-App auf jedes Handy gehört: what3words.com

Another angle from today’s #sunset. Taken from here: https://w3w.co/dispute.sheen.roadways

#w3w #FLkeys

Glencoe. Somewhere around here: https://w3w.co/imparts.punchy.auctioned

#w3w #nature #photo

#WorldCupFinal #w3w #ArgentinavFrance
Amazing match -
Suspense.
Coaching.
Coolness

#WorldCupFinal #w3w #ArgentinavFrance
Amazing match -
Suspense.
Coaching.
Coolness

Today I realise how completely out of touch I am with Tech valuations. Every geogeek's favourite #w3w was allegedly valued at £250m in 2020 and has "gone from strength to strength" since then according to CEO Chris Sheldrick. https://www.cityam.com/what3words-says-post-brexit-tech-talent-space-is-slicker-than-expected/

Well you can blow me down with a feather, I just can't imagine what these young VC's are smoking nowadays