Aral BalkanMar 10

RE: https://vmst.io/@vmstan/116200819973767850

A venture capitalist, you say? How surprising.

Show threadAndrocat

@aral That was quick.

Seems the "promises to enshittification" cycle is getting shorter.

Mar 10 at 9:56amWeb
Show threadDavid GerardMar 10
@androcat @aral I'm taking this as the VCs losing patience. Bluesky has literally no revenue. Even WeWork had revenue.
Show threadAndrocatMar 10

@davidgerard

Seems a lot of things that are really highly valued also has no revenue. And negative cashflow.

@aral

Show threadDavid GerardMar 10
@androcat @aral even OpenAI and Anthropic have *revenue*.
Show threadAndrocatMar 10

@davidgerard

I guess the circular economy is good for that, at least.

@aral