4 ms·
Its more likely we like the things we like because they're still in their "Acquire users" phase, and haven't run out of VC funding yet. Once they they get acqui
by dpoloncsak 2y ago
Its more likely we like the things we like because they're still in their "Acquire users" phase, and haven't run out of VC funding yet. Once they they get acquired, they quickly transition to the "squeeze every penny out of those users" phase we all know and love.
- jchw 2y agoPersonally, I always liked things that never had an "acquire users" phase, or VC funding, but those things are less shiny (and frankly, less user-friendly.)
- willy_k 2y agoShoutout Mullvad VPN, honorable mention to Tailscale (they had an acquire users phase and VC funding but a rug pull does not seem likely for the time being).
- JumpCrisscross 2y ago> Once they they get acquired, they quickly transition to the "squeeze every penny out of those users" phase Instagram had less than a tenth of its current user base when it was bought [1]. [1] https://time.com/4299297/instagram-facebook-revenue/ https://time.com/4299297/instagram-facebook-revenue/
- immibis 2y agoObjection: relevance
- idle_zealot 2y agoIf that's true then the downside to chilling acquisitions becomes... fewer "nice" things destined to rug-pull their users? Still not seeing the problem.
- timewizard 2y agoGee if only there was a middle ground between these two extremes and the market somehow sought to achieve that state. Perhaps some simple market regulations might achieve this? And some enforcement of those regulations fairly and reasonably? Maybe a specific agency tasked with this?