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  • koze@feddit.de
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    1 year ago

    It’s funny to read this article about the death of Digg again:

    In reality, Digg changed their business model and pretended that they didn’t. That is something that is unacceptable with communities and won’t be forgotten. Reddit co-founder Alexis Ohanian hit the nail on the head in an open letter to (now former) Digg CEO – Kevin Rose:

    “You chose to grow with venture capital and you’ve no doubt (I hope) taken some money off the table in your Series C round. I say this because this new version of digg reeks of VC meddling. It’s cobbling together features from more popular sites and departing from the core of digg, which was to “give the power back to the people.”
    

    https://searchengineland.com/digg-v4-how-to-successfully-kill-a-community-50450>

      • imaqtpie@sh.itjust.works
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        1 year ago

        At least Ohanian is married to Serena, and left reddit 10 years ago. Spez (aka Steve Huffman) is a fucking piece of shit that betrayed both of his co-founders

    • Lux@lemmy.world
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      1 year ago

      Sadly, this is the only logical conclusion of things that are run for profit. Here’s hoping the federated model proves more resistant in the long run.

      • outbound@lemmy.ca
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        1 year ago

        Funding, even in a not-for-profit sense, will always be an issue. Wikipedia struggles, but kinda makes it work. We’re going to need something creative for the fediverse…

      • amki@feddit.de
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        1 year ago

        In the medium run federated instances will have to be financed somehow as well. We’ll see how that goes.