• dan@upvote.au
    link
    fedilink
    arrow-up
    3
    ·
    edit-2
    1 month ago

    The reason I mentioned the dot com bubble is because a lot of the companies back then failed because they couldn’t figure out a sustainable business model. It was mostly hype-driven with the idea of getting users first, then figuring out monetization later.

    That’s why we have ad-supported sites today. It was the main business model that was the most sustainable.

    There were a lot of small sites, sure, but a lot of them were hosted on services with no real business model. Even back then, not a lot of people self-hosted.

    • LWD@lemm.ee
      link
      fedilink
      arrow-up
      1
      arrow-down
      1
      ·
      1 month ago

      That’s a fair thing to bring up. I think your point went over my head, because I was mostly reminiscing about how the less capital-oriented parts of the internet were relatively pleasant before companies like Facebook came along and encouraged them all (with their newly acquired capital) to jump into the big centralized areas.