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?

  • Big P@feddit.uk
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    1 year ago

    All VC backed tech companies have been operating on the assumption that they can focus on growth and then make a profit later. That hasn’t happened for most of these companies and VCs are starting to demand returns. It was always going to happen, I’m surprised it took this long.

    • Overzeetop@kbin.social
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      1 year ago

      More importantly, the IPO market collapsed a couple of years ago. That is the VC’s payday. Now that we’re not in an IPO buying frenzy, investors are wanting to see positive cashflow before they buy.