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[-] Adramis@midwest.social 86 points 7 months ago

I still wonder if they tanked it on purpose. Hanlon's razor and all that, but it's just weird how many left-leaning social media sites get bought by right-wing assholes who immediately piledrive it into the ground against all capitalistic reason.

[-] NeptuneOrbit@lemmy.world 38 points 7 months ago

Facebook did the same with Instagram the year before. Definitely trying to manage risk by buying and/or killing all the competition.

[-] kameecoding@lemmy.world 22 points 7 months ago

Pretty sure facebook did it with a lot of the competition

[-] whereisk@lemmy.world 26 points 7 months ago

The decision to buy is made by numbers before the purchase: returning visitors, time spent etc. "look at how many hours of eyeballs we're buying"

The decision to kill the porn is made by social pressure after the purchase: "hey we've noticed that in your stable if brands you have some questionable materials. We can't be associated with that kind of filth, you're damaging our brand." - cc processors, advertisers etc. "my wife went on that platform we just bought and you won't believe what she found" - half the members of the board.

Most boards are collectively moronic - rarely do you have competent people that can hold serious tense discussion and can reach conclusions without either descending into massive infighting or just coast along the dominant political players.

[-] MataVatnik@lemmy.world 11 points 7 months ago

Sounds like boards are just HOAs for rich people

[-] whereisk@lemmy.world 6 points 6 months ago

Most are there for the kudos and cocktail parties. They really don't give a shit about how anything is going if it's not sudden unless it reflects on them personally. It can't reflect on them personally if they don't get personally involved and just coast along instead.

[-] GladiusB@lemmy.world 18 points 7 months ago

As much as I think it could be malicious I am more inclined to believe incompetence. They saw a profitable business and thought they could improve efficiency and keep the market. Little did they account for how much the market wasn't there for their ideas.

this post was submitted on 16 Apr 2024
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