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by dont__panic 1406 days ago
This is largely true, except...

what about Wikipedia? Maybe it's the exception that proves the rule. But as far as I can tell, no online knowledge store has come close to the comprehensiveness and cultural cache of Wikipedia. And it's not showing ads constantly, it relies on donations entirely.

I remain hopeful that a federated social media service that offloads the hosting costs to passionate individuals (with modest ad support to keep the lights on) could survive just fine without venture capital or advertising creep. Think: WoW servers, AKA "blessed" federation.

Venture capital-driven business models will never align with my interest of keeping in touch with friends and family. The desire for profit and revenue growth (what us filthy plebeians call "greed") is simply too strong.