3 ms·
Not an employee, but: https://en.wiktionary.org/wiki/enshittification https://en.wiktionary.org/wiki/enshittification The only pattern I see in response is con
by alhirzel 3y ago
Not an employee, but: https://en.wiktionary.org/wiki/enshittification https://en.wiktionary.org/wiki/enshittification
The only pattern I see in response is continued innovation and the rise of new platforms. I think a business model resembling a "[public] benefit corporation" [1] (in the USA at least) or a utility company may be more compatible with a social media company immune to enshittification.
[1]: https://www.delawareinc.com/blog/non-profit-corporation-vs-public-benefit-corporation/ https://www.delawareinc.com/blog/non-profit-corporation-vs-p...
- wombat-man 3y agoYeah. I sometimes wonder if that was ever a possibility for them. Reddit as a PBC or even a non profit would be unstoppable. I think the VC money and push for growth has driven the product to a weird place.
- n-exploit 3y agoAs a founder of a SaaS company that was formed as Delaware PBC, I will say that this route does make it quite hard to follow the traditional fundraising path. VCs are spooked by anything that’s not your run-of-the-mill C Corp. PBCs are hard to get off the ground.