YouTube disallowing adblockers, Reddit charging for API usage, Twitter blocking non-registered users. These events happen almost at the same time. Is this one of the effects of the tech bubble burst?

  • weew@lemmy.world
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    1 year ago

    A lot of the 2010’s tech was fueled by venture capitalists looking for the next big thing. They saw things that were extremely popular, like Facebook, Reddit, YouTube, etc, and figured “well we’ve got a ton of users, surely we can find a way to make money off of this.”

    Some investors are starting to realize they aren’t actually making much money or costs are blowing up without revenue following. People are starting to back out of this bubble without clear goals towards profitability.

    • mignochrono@vlemmy.net
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      1 year ago

      Yeah it’s mostly investment people that have a lot of money and are basically the ones pulling the strings. Because if they don’t like you then the value of your company goes down and poof you were deeply s***