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well, good news for the HN community! start your engines, reddit will do what so many user-driven content sites have done - light themselves on fire. slashdot,
by pinaceae 9y ago
well, good news for the HN community!
start your engines, reddit will do what so many user-driven content sites have done - light themselves on fire. slashdot, digg, they never learn.
yes, the network effect is a huge moat. but then you actively alienate your users and then it goes FAST.
good luck to the aspiring entrepreneurs going after this opportunity.
don't even need a strong business plan, not like you can make any real money - but you'll get funding for years to come :)