I have been thinking about this lately, and I figure if these companies can’t figure out how to turn a profit, they’ll just shutdown or get bought eventually. Many of them are still riding the VC money parade and have now idea how to actually monetize. It’s kinda funny, because many of these sites were fully functional and made at least enough to stay alive when they were simpler websites. When growth overfills the niche, the subject has no choice but to die.
Netflix is so interesting, because they have been so forward thinking for the entire lifetime of the company. I imagine the industry will just keep watching and copying their work, to various levels of success.
I have been thinking about this lately, and I figure if these companies can’t figure out how to turn a profit, they’ll just shutdown or get bought eventually. Many of them are still riding the VC money parade and have now idea how to actually monetize. It’s kinda funny, because many of these sites were fully functional and made at least enough to stay alive when they were simpler websites. When growth overfills the niche, the subject has no choice but to die.
Netflix is so interesting, because they have been so forward thinking for the entire lifetime of the company. I imagine the industry will just keep watching and copying their work, to various levels of success.