@Sordid@kbin.social avatar

Sordid

@Sordid@kbin.social

Este perfil es de un servidor federado y podría estar incompleto. Explorar más contenido en la instancia original.

Sordid,
@Sordid@kbin.social avatar

History repeats itself. The fediverse is going to go downhill too once it gets big enough for corporations to notice it. Enjoy it while it lasts.

Sordid,
@Sordid@kbin.social avatar

Sure, but it'll be the same story all over again. The big platform will be ruined and the alternative option will be smaller and therefore not as good (since user base directly contributes to quality when it comes to community-based platforms; it's the users who post all the content, so fewer users = less content).

Sordid,
@Sordid@kbin.social avatar

Well if instances keep defederating each other, it does matter. Plus there's the question of stability. Sure, you could make your account on some tiny niche instance, but what if the guy running it decides he's had enough and terminates it? What happens to your account, your post history?

Sordid,
@Sordid@kbin.social avatar

Right? How the hell is a company that has never managed to turn a profit worth more than $0?

Sordid,
@Sordid@kbin.social avatar

I get that, but who would want to buy a company that's never been profitable? It smacks of a scam. "Hey, bro! Buy my company! It never managed to make any money for me, but it'll be highly profitable for you!" Sounds like the company founder is looking to pull a fast one and laugh all the way to the bank while their investor is left holding the bag.

The only way I can see this working is if the idea is to build a large user base by offering a good user experience, i.e. not monetizing the platform very much, just enough so that it barely pays for its own operating costs. Then you sell that user base to someone else for the express purpose of shoving tons of ads down everyone's throat. In that case it's still a fast one, only in this scenario the users are the victims. But even then I'm skeptical. If that's the plan, why sell the company instead of enshittifying your platform yourself?

Sordid,
@Sordid@kbin.social avatar

it's a lot easier to find someone who thinks they can do it than it is to actually successfully do it yourself

That's pretty much what I said, though. That's the core of the scam. You sell something you know to be worthless to someone too ignorant to understand that. Maybe I'm just extremely ignorant and naive in matters of business, but selling a fake company like that seems no different than selling pyrite to someone who can't tell it apart from gold.

Sordid,
@Sordid@kbin.social avatar

If the company can be made profitable, why isn't it? Why wouldn't the current owner rake in some profits before selling? Surely a company that is already profitable would be even more attractive for buyers.

Sordid,
@Sordid@kbin.social avatar

Reddit has been around for 18 years, though. Surely that's more than enough time to start turning a profit if the company is capable of it?

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