> losing $30M a year
> 139 employees working on product and marketing
$216,000 loss per employee per year? Ouch.
You Win or You Learn
71–80 of 220 posts
Re: You Win or You Learn
#72It seems like social medias, from a financial perspective, are more commonly bad than good. Out of all the mainstream social medias I know, these ones seem to be losing money (or at least aren't generating "enough" profit):- LinkedIn
- Twitter: halved in value in 1 year
- Tumblr
- Reddit: stated it wasn't doing well when it increased the API price
- YouTube: seems to not be doing well because it's trying to push adds and increasing YouTube premium
- Threads: I doubt this is generating profit, because I see multiple posts about how this "failed" and this is the first threads post I've seen posted somewhere else. Maybe I'm wrong though
- Mastodon & rest of the Fediverse: not very mainstream, but funding seems to be a common issue among communities, and this is with the relatively small userbase
- Stack Overflow and Quora: they've both done layoffs recently, and I've heard they're also faring poorly, but I don't have much information
- Bluesky, the audio-only one I forgot it's name: these certainly aren't making money
The ones which are doing well:
- Facebook: seemingly generating a lot of revenue because of ads and data collection
- Instagram: same as Facebook
- TikTok: probably because China pays well do to all of the information they get
- Discord: I haven't heard anything about them losing money, and they don't really push ads. Maybe because a lot of people pay for Discord nitro, or people pay for the servers?
- Slack & Teams: I also haven't heard anything, but I doubt they are losing money because companies pay for these
- Tinder: not really a social media but they're probably making money from people who pay a lot for premium
- Hacker News: Because it's cheap to run being text-only and brings publicity to YCombinator and their companies, I'm sure this is considered a financially good investment. But even then, it doesn't generate any revenue on its own
And ones I don't know:
- Twitch: seemed to have issues with money but idk, they have a lot of deals and sponsorships
Of course starting a small social media is always a bad investment, because it's very hard to get popular. But it looks like even the popular social medias are burning through cash reserves.
Re: You Win or You Learn
#73It was like a somewhat more positive counterpart to 4chan, it was full of madness, toxicity and vice, and also a space for creativity like few others. It was also one of the walled gardens, even if it always felt more open than the rest, but the web continues to weaken as content creation and delivery continues to be consolidated in the exploitative platforms of Meta, TikTok, and now to a smaller degree, X, with thei…
Don't forget YouTube. Video thumbnails seem to be converging on a few clickbaity templates - probably to appease "the algorithm". Not even LockPickingLawyer is safe.
Re: You Win or You Learn
#74It was like a somewhat more positive counterpart to 4chan, it was full of madness, toxicity and vice, and also a space for creativity like few others. It was also one of the walled gardens, even if it always felt more open than the rest, but the web continues to weaken as content creation and delivery continues to be consolidated in the exploitative platforms of Meta, TikTok, and now to a smaller degree, X, with thei…
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Have you been on Instagram lately?
Re: You Win or You Learn
#75I think Tumblr is going to end up in business textbooks as a classic example of corporations seizing a community and strangling the life out of it
Re: You Win or You Learn
#76Sign of the times. Another classic name from the earlier days on the intertubes may be about to vanish.
I guess I feel old because tumbler feels like one of the 'newer' sites, as it came out about 2007 - when the great migration to facebook started.
to me, 'early days' means 1995-2005
Re: You Win or You Learn
#77Is there any alternative for having a gallery of text&photo posts without forced login and exploitative social media distractions? (except for self-hosting) When I looked for this 11 years ago, tumblr was the only platform ticking these boxes. I just wanted to share a link to photos of what we are up to with family and friends without asking them to register at another platform, and only tumblr allowed that and did n…
https://cohost.org/ ?
Edit for a bit of info: There is no discovery mechanism built-in and no "algorithm". The way to find more posts on a topic is to use hashtags. Everything is reverse-chronological. If someone wants their post to have broader engagement, they will post with "#The Cohost Global Feed" or some broad topic. You can go browse if you want to, but the site isn't going to push anything on you (besides following the site admins lol).
Cohost doesn't have full-text search built-in, but Google actually has it covered. https://www.google.com/search?hl=en&q=is%20piss%20a%20vegeta...
Re: You Win or You Learn
#78It was like a somewhat more positive counterpart to 4chan, it was full of madness, toxicity and vice, and also a space for creativity like few others. It was also one of the walled gardens, even if it always felt more open than the rest, but the web continues to weaken as content creation and delivery continues to be consolidated in the exploitative platforms of Meta, TikTok, and now to a smaller degree, X, with thei…
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This seems like satanic panic style paranoia. Dropping a hot take like that, especially with “literally” thrown in, needs a bit more content to mean anything. To start, I don’t know how any site “makes people addicted to porn.” Why? Because it has porn? So what?
Re: You Win or You Learn
#79Is there any alternative for having a gallery of text&photo posts without forced login and exploitative social media distractions? (except for self-hosting) When I looked for this 11 years ago, tumblr was the only platform ticking these boxes. I just wanted to share a link to photos of what we are up to with family and friends without asking them to register at another platform, and only tumblr allowed that and did n…
https://cohost.org/ ? Edit for a bit of info: There is no discovery mechanism built-in and no "algorithm". The way to find more posts on a topic is to use hashtags. Everything is reverse-chronological. If someone wants their post to have broader engagement, they will post with "#The Cohost Global Feed" or some broad topic. You can go browse if you want to, but the site isn't going to push anything on you (besides fol…
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Re: You Win or You Learn
#80It was like a somewhat more positive counterpart to 4chan, it was full of madness, toxicity and vice, and also a space for creativity like few others. It was also one of the walled gardens, even if it always felt more open than the rest, but the web continues to weaken as content creation and delivery continues to be consolidated in the exploitative platforms of Meta, TikTok, and now to a smaller degree, X, with thei…
[flagged]
> Tumblr literally made people addict to porn.
“Porn addiction” seems largely to be an evangelical Christian shame mechanism more than (and possibly instead of) an actual phenomenon.