I remember all the person years spent moving Flickr (and Delicious and other sites) onto Yahoo usernames. This used to be such an easily profitable business, and now it's a basket case. That's not a dig at the new owners, who are doing a labor of love. Our industry is not healthyhttps://twitter.com/DonMacAskill/status/1024412481022611457 …
-
-
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.
Show this thread -
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
Show this thread -
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
Show this thread -
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!
Show this thread
End of conversation
New conversation -
-
-
I wish they would restore an option to use
@Flickr in the original way: you could easily view a picture and the story that accompanies it without scrolling. I've been paying for Pro a long time but stopped uploading a decade ago when the site stopped working in the way I used it.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
I wonder a lot whether the lack of wealth taxes helps create this gross VC system. If there weren’t people with so much money hoarded that they could afford to fund years-long zero-profit hemmoraging, would this system exist the same way?
-
If you trace it back, a lot the investment glut comes from the 2008 financial crisis and sovereign oil money, so there's a whole systemic argument to make.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.