my name is Rose.
adult. girlperson. can get nsfw at times so viewer discretion advised
i write sometimes, and draw very occasionally
"aw man, [product by corporation that started as a VC startup with no clear way of being sustainable] has gone to shit, surely switching to [product made by VC startup with no clear way of being sustainable] won't go the same way, something something enshittification"
this is a reason i do kinda pay attention to how things are funded. is it VC capital? worry
taps a ratchet on the source code There's your problem. It's closed.
I'd argue the source code being open or not doesn't matter that much. Bluesky, for instance, is open source (the proto, the web app, etc) but is still funded by VC capital with no clear communication on what the business model for the company is supposed to be.
I feel like a good chunk of the userbase they currently have will eventually disperse once they realise that the site needs to be funded by -something-, be it advertisements or paying for extra features; so while I do use bsky, I definitely don't see it as some long-term thing whereas I hope cohost can be that and all.
Exactly. Twitter's problem was always that it didn't have a way of making income and there really wasn't an obvious way of getting to one. Seeing Tumblr flail with trying to monetise while not alienating their users (and to some degree failing at both) is an interesting lesson in the perils of assuming you have a path to turning your service into something that pays for your company. Popularity and the ability to bring in money not being directly correlated, really blows 65% of the late-00s to late-teens start-ups out of the water.
What they posted back in July is that they plan to derive their income from... selling domain names? ...which I wouldn't have predicted. The post implies that's supposed to be just the start of things, but I really don't know how much money there is in that.
Huh! Yeah idk how much money there’s into that like… they’re partnering with Namecheap so I’ll assume whatever money a customer pays for their domain will be split between Namecheap and them so, like, that’s not that much.
