this post was submitted on 05 Aug 2026
298 points (98.4% liked)
memes
22211 readers
3766 users here now
Community rules
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to !politicalmemes@lemmy.world
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads/AI Slop
No advertisements or spam. This is an instance rule and the only way to live. We also consider AI slop to be spam in this community and is subject to removal.
A collection of some classic Lemmy memes for your enjoyment
Sister communities
- !tenforward@lemmy.world : Star Trek memes, chat and shitposts
- !lemmyshitpost@lemmy.world : Lemmy Shitposts, anything and everything goes.
- !linuxmemes@lemmy.world : Linux themed memes
- !comicstrips@lemmy.world : for those who love comic stories.
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
No, that's the evolution of venture capitalism.
Step 1: groundbreaking service comes in that fills a market hole
Step 2: people flock to service
Step 3: service gets VC funding to continue operations, subsidising the users
Step 4: service gets "copied", competitors crop up, use VC funding to eke out their own marketshare while making things worse for everyone but themselves
Step 5: expansion plateaus as interest in service generalises (basically, everyone who could be interested, is already using it)
Step 6: VC funding depletes, company has to start making a profit - leading to price hikes, which is followed by other players in the market as that's how capitalism works
Step 7: price hikes not being enough, service tries to capitalise on their userbase (think restricting features to a higher paid tier, introducing new tiers that strip away features, introducing ads, etc.)
Step 8: market is saturated with plateaud services, user movement is minimal, and everybody hates it because it's expensive, and reintroduced the same problem the initial innovative service meant to fix.
It replaced linear tv with video on demand