Hacker News new | ask | show | jobs
by wvenable 1108 days ago
There hasn't been a strong need for alternatives so there was little motivation to make one (or improve the ones that exist). I think that's going to be changing now.

I don't expect a rapid fall of Reddit or Twitter but rather a slow decline. It's not unprecedented.
1 comments
bastijn 1108 days ago
That's the risk they take, indeed. Also the risk for anyone who migrates as chances are the alternative is not profitable either. In the end, to sustain the offering party needs to be profitable or at least break even.
link
wvenable 1108 days ago
Reddit went from 700 employees to 2000 employees because they took VC money and have to grow grow grow. I'm sure one could make a sustainable business out of Reddit but nobody wants just a sustainable business.

The cycle will repeat for sure -- it's been repeating for over 20 years now.

link