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by bradgranath 1101 days ago
The problem with fleeing one VC funded startup for another VC funded startup has nothing to do with the technology.

We're talking about a BBS. We solved the tech problem forty years ago.

Wikipedia figured out a way to pay the bills. How come no one else has tried follow suit?

If Reddit didn't need to make investor money back either by going public or selling (profitability doesn't pay your investors, it makes selling the company to the stock market or buyer easier) and instead was a nonprofit with a mandate to keep the lights on, none this would be happening.