[crabapple]

shutdowns like this are going to be common. 90% of existing websites have no viable chance of being self-sustaining by ads or subscriptions...but this shouldn't surprise anyone, at some point, a near-frictionless model coupled with strong winner-take-all economics is bound to result in a few dominant players choking off nearly everything else

[axod]

I disagree. Creating a website/webapp is ridiculously cheap IF you do it well. There's no barrier for entry. Anyone in their bedroom could be the next twitter on a shoestring.

Creating a website teaches you a lot, and is a lot of fun.

[elviejo]

Yeap twitter doesn't make any profit.

A model worthy of emulation indeed.

[axod]

Yes twitter doesn't make a profit, but they have a massive userbase to sell to. I think they'll probably work out a business model if they put their mind to it.