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The Try Guys say their subscription strategy is starting to work and Bending Spoons laying off workers

Published 1 year, 11 months ago
Description

After a rough couple years, YouTube creators The Try Guys said they’re on-track to reach profitability, with subscriptions to their three-month-old, ad-free service 2nd Try now accounting for 20% of the company’s revenue. Of course, those numbers also mean The Try Guys remain reliant on other revenue streams, including YouTube advertising. Also, Italy-based app company Bending Spoons, which owns Evernote and Meetup, is planning to lay off 75% of the staff of file transfer service WeTransfer, TechCrunch has learned. Bending Spoons acquired the Dutch company in July for an undisclosed amount.

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