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?

you are viewing a single comment's thread
view the rest of the comments
[–] 2 points 3 years ago (1 child)

That rather assumes that it actually matters that VC money is being wasted.

After all it keeps the money in circulation and keeps people employed. They then get paid and will then buy useful things from companies that do make profit, so in the end it all works out. It's only bad for the investors, but that's always been the thing about investment, it's always been a risk, and it's never been guaranteed.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 3 points 3 years ago (1 child)

    If the goal is simply to keep money circulating and people employed, there are more efficient ways to do that.

    Reddit, as a whole only has about 2000 employees.

  • source
  • parent
  • hideshow 2 child comments