Think of all the products that used to exist that did something helpful, and that you can't find now in any form. They would still be viable medium-size businesses in any other industry, but get torn apart by the tidal forces of venture capital in ours.
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It would be nice to grow to where I had a couple of employees, but at that scale I can't compete with VC-backed competitors that come and go every two years. I imagine the same holds true in other pockets of the industry. I don't know how 2-20 person companies do it and survive.
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This limitation on viable business size is a weird feeling, like if you were allowed to keep a basil plant on the windowsill, but Monsanto comes and tears out your kitchen garden if you try to plant one. Which, come to think of it, sounds like a Monstanto thing to do
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I'm unhappy about the free money sloshing through tech not because I didn't get my share (Mr. Pinboard eats steak every night, thank you very much), or because it makes the wrong people rich, but because of what it destroys in passing
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Anyway, the takeaway from this thread is that for most of the company's life, the principal economic activity at Yahoo was moving acquired websites onto Yahoo usernames. I watched a lot of good friends die inside!
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moving off of yahoo usernames was no picnic, let me tell you.
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I left as soon as they made the OG Flickr users move to Yahoo. I never understood why they couldn’t create a join between the two systems. Was just a stupidly forced requirement by the corporate overlords. And I still think all the folks who sold out to Yahoo ruined the web.
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Yahoo cheerfully deleted my Flickr Yahoo login when some partnership unravelled, then told me there was no possibility of restoring it. The new owners fixed it up again
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