This is why I don't make "community contributions" to "open platforms" which don't have some very solid legal framework for governance in place.
They sell out to VC and rug pull hard on the community that provides the bulk of their data and value.
“Move fast and break things.”
The things:
- Human rights
- Our habitat
- Democracy
#BigTech#SiliconValley#ventureCapitalhttps://mastodon.social/@freakonometrics/114860155869573459
This is why I don't make "community contributions" to "open platforms" which don't have some very solid legal framework for governance in place.
They sell out to VC and rug pull hard on the community that provides the bulk of their data and value.
No one deserves this fate, even if they are the author of their own degradation
More, it's a cautionary tale for us all about the future of #society and #AI and its caustic effects on #mentalHealth
Even if this particular canary in the coal mine chose to place themselves into their predicament with enthusiasm, and is funding it
"A Prominent #OpenAI Investor Appears to Be Suffering a #ChatGPT-Related Mental Health Crisis, His Peers Say"
No one deserves this fate, even if they are the author of their own degradation
More, it's a cautionary tale for us all about the future of #society and #AI and its caustic effects on #mentalHealth
Even if this particular canary in the coal mine chose to place themselves into their predicament with enthusiasm, and is funding it
"A Prominent #OpenAI Investor Appears to Be Suffering a #ChatGPT-Related Mental Health Crisis, His Peers Say"
In this week's net.wars, "Cautionary tales", I consider becoming a child for the purposes of age verification, and Substack becomes a unicorn. Dare we predict enshittification? https://netwars.pelicancrossing.net/2025/07/18/cautionary-tales/#NetWars #OnlineSafetyAct#AgeVerification#Substack#VentureCapital#JHumanRights
In this week's net.wars, "Cautionary tales", I consider becoming a child for the purposes of age verification, and Substack becomes a unicorn. Dare we predict enshittification? https://netwars.pelicancrossing.net/2025/07/18/cautionary-tales/#NetWars #OnlineSafetyAct#AgeVerification#Substack#VentureCapital#JHumanRights
A little reminder that DuckDuckGo is venture capital (VC) funded.
The way VC works:
1. You get VC
2. You grow as fast as you can (or fail fast)
3. You sell (either to a larger corporation or to the public in an IPO; this is called the “exit”)
(In case any of you are surprised by recent/future developments.)
This is the Silicon Valley “startup” model. Startups are not long-term sustainable businesses or small businesses. A startup is a temporary business designed to either grow exponentially and exit (sell) or to fail fast.
A little reminder that DuckDuckGo is venture capital (VC) funded.
The way VC works:
1. You get VC
2. You grow as fast as you can (or fail fast)
3. You sell (either to a larger corporation or to the public in an IPO; this is called the “exit”)
(In case any of you are surprised by recent/future developments.)
This is the Silicon Valley “startup” model. Startups are not long-term sustainable businesses or small businesses. A startup is a temporary business designed to either grow exponentially and exit (sell) or to fail fast.
A little reminder that DuckDuckGo is venture capital (VC) funded.
The way VC works:
1. You get VC
2. You grow as fast as you can (or fail fast)
3. You sell (either to a larger corporation or to the public in an IPO; this is called the “exit”)
(In case any of you are surprised by recent/future developments.)
“Move fast and break things.”
The things:
- Human rights
- Our habitat
- Democracy
#BigTech#SiliconValley#ventureCapitalhttps://mastodon.social/@freakonometrics/114860155869573459
Three years ago, @coachtony became the new CEO of #Medium. In today’s detailed post, he shares the story of our financial turnaround:
https://medium.com/the-coach-life/fell-in-a-hole-got-out-381356ec8d7f
#writing #entrepreneurship #business #startup#VentureCapital
Three years ago, @coachtony became the new CEO of #Medium. In today’s detailed post, he shares the story of our financial turnaround:
https://medium.com/the-coach-life/fell-in-a-hole-got-out-381356ec8d7f
#writing #entrepreneurship #business #startup#VentureCapital
A space for Bonfire maintainers and contributors to communicate
