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?

  • Beliriel@lemmy.world
    link
    fedilink
    English
    arrow-up
    2
    ·
    1 year ago

    But when did VC money get flushed in? I doubt that it just somehow stops out of nowhere. I mean all these companies weren’t exactly founded at the same time.

    • AnObscureTenet@lemmy.world
      link
      fedilink
      English
      arrow-up
      12
      ·
      1 year ago

      During the pandemic VC slowed to a crawl and the stock market went to shit. While the market eventually rebounded VC is doing so MUCH more slowly. VC scum doesn’t care about innovation, it cares about making money. If there’s some level of risk it shrinks like balls in a January pool and it takes forever to coax the little guys out.