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this post was submitted on 09 Sep 2024
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
This is not debate club. Unless it’s amusing debate.
For actually-good tech, you want our NotAwfulTech community
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Cohost going readonly at the end of this month, and shutting down at the end of the year: https://cohost.org/staff/post/7611443-cohost-to-shut-down
Their radical idea of building a social network that did not require a either VC funding or large amounts of volunteer labour has come to a disappointing, if not entirely surprising end. Going in without a great idea on how to monetise the thing was probably not the best strategy as it turns out.
I'm not shocked.
these are the exact finances of a startup that failed to start
A small Lemmy or Mastodon that's run by some guy and takes donations for hosting has a better grasp of funding than Cohost did
(smashes imaginary intercom button) "Who is this 'some guy'? Find him and find out what he knows!!"