600
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 07 Jun 2023
600 points (100.0% liked)
Technology
37573 readers
300 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
We've reached the end of the VC-funded golden age where they are all now demanding a return on their investment, hence why the screws are now all getting tightened.
I’m honestly surprised it even got this far. It was just common sense to me, even a decade ago, that companies that burned through VC cash and tried building up user bases with little regard for actual profitability couldn’t possibly keep it up forever.
It also coincides nicely with web3 becoming a less nebulous thing and investors starting to shift their focus from user created content to practical applications of ai.
is reddit a zirp phenomenon?