this post was submitted on 03 Oct 2024
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[–] dan@upvote.au 9 points 1 month ago (1 children)

Sounds like you're forgetting about the dot com bubble. The internet wasn't fine abck then because nobody really had a sustainable business model.

[–] LWD@lemm.ee 2 points 1 month ago (1 children)

The dot com bubble made the Internet explode, sure, but corporate sites weren't the entire internet back then. There were far more niche sites, web rings, forums, etc...

[–] dan@upvote.au 3 points 1 month ago* (last edited 1 month ago) (1 children)

The reason I mentioned the dot com bubble is because a lot of the companies back then failed because they couldn't figure out a sustainable business model. It was mostly hype-driven with the idea of getting users first, then figuring out monetization later.

That's why we have ad-supported sites today. It was the main business model that was the most sustainable.

There were a lot of small sites, sure, but a lot of them were hosted on services with no real business model. Even back then, not a lot of people self-hosted.

[–] LWD@lemm.ee 0 points 1 month ago

That's a fair thing to bring up. I think your point went over my head, because I was mostly reminiscing about how the less capital-oriented parts of the internet were relatively pleasant before companies like Facebook came along and encouraged them all (with their newly acquired capital) to jump into the big centralized areas.