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Yeah, I think they had the right idea at the start: a simple, minimal, low-burn platform. Once they took VC money the only plausible fate was Doctorow's "enshit
by wpietri 3y ago
Yeah, I think they had the right idea at the start: a simple, minimal, low-burn platform. Once they took VC money the only plausible fate was Doctorow's "enshittification". They had no moat and low network effects. If they'd followed the frugal path they could have held on to the user focus. But once you borrow money from Fat Tony, your primary job is making sure Fat Tony gets paid.
- moneywoes 3y agoI guess BeeHiv took their lunch? Also isn’t the network effects the notes app and referrals to other newsletters?