Obviously disappointing, but not entirely shocking given how much capital they've already burned through. Convincing individual users to pay $8/mo was never going to even out the balance sheet.
> [They aren't] perfect mirrors of "public opinion" (they represent published text, which skews educated and toward dominant viewpoints)
Really good point that I don't think I would've considered on my own. Easy to take for granted how easy it is to share information (for better or worse) now, but pre-1913 there were far more structural and societal barriers to doing the same.