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by odyssey7
661 days ago
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Notably, unlike Reddit, HN isn’t a business that needs to be profitable, to my knowledge. It’s a recruiting tool for a major Silicon Valley VC firm. Brainrot isn’t going to attract as much of the talent or stimulate the ideas they’d want to fund, so HN has been good at resisting brainrot. This is my own analysis, I don’t have a source for it. The internet has always had nice discussion forums that were labors of love of generous people. In the case of HN, the generous person running the forum is actually a company managing billions of dollars. In the absence of a better funding model for the internet, maybe that’s the solution: altruistic billionaires finance more discussion forums that don’t exist to be profitable, at least not directly. The exponential growth required of publicly traded social media companies drives different motives in moderating and promoting the discussions. |
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