this post was submitted on 02 Jul 2023
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No Stupid Questions

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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?

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[–] BURN@lemmy.world 93 points 1 year ago (2 children)

Ads pay basically nothing now and VC funding has dried up. Most of these tech companies operated at a loss and are now being pressured into becoming profitable since investors don’t want to throw money at them anymore.

Data privacy laws have also gotten better, cutting off another revenue stream that was typically used.

[–] SpezCanLigmaBalls@lemmy.world 9 points 1 year ago

Interest rates def have a factor in this also

[–] Beliriel@lemmy.world 2 points 1 year ago (1 children)

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 13 points 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.