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This is the essential problem with any platform whose value consists of user-generated content. For example, Reddit doesn't have to hold an IPO to continue bein
by tadfisher 3y ago
This is the essential problem with any platform whose value consists of user-generated content. For example, Reddit doesn't have to hold an IPO to continue being Reddit, they don't have to paywall their API, and they don't have to make their website a global dark pattern to force engagement; they chose to sell stakes and play the growth game. Medium is another example, as is Quora, LinkedIn, and a hundred other tech companies that are essentially specialized takes on PhpBB forums.
- rurp 3y agoYep, it's so disappointing how many web projects provide solid value for many people, have a reasonable business model, but go to absolute shit and eventually fade to nothing chasing unsustainable returns. It's staggering how much better the web could be if the demand for exponential returns hadn't become so dominant on the business side.
- deleted 3y ago[deleted]