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this post was submitted on 09 Sep 2024
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
This is not debate club. Unless it’s amusing debate.
For actually-good tech, you want our NotAwfulTech community
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Cohost going readonly at the end of this month, and shutting down at the end of the year: https://cohost.org/staff/post/7611443-cohost-to-shut-down
Their radical idea of building a social network that did not require a either VC funding or large amounts of volunteer labour has come to a disappointing, if not entirely surprising end. Going in without a great idea on how to monetise the thing was probably not the best strategy as it turns out.
To be clear: Cohost did take funding from an anonymous angel, and as a result will not be sharing their source code; quoting from your link:
Somebody paid a very small amount of money to get a cleanroom implementation of Tumblr and did not mind that they would have to build a community and then burn it to the ground in the process. It turns out that angels are not better people than VCs.
Looking at both cohost and tumblr, I don’t think the funder has an asset that’s worth very much.
Yeah, having the source to a site (even if it includes stuff like day to day ops, backups etc) isn't worth much if you don't have a community. It's a bit like "open source" LLMs, sure you can run a mudball of python on your computer but the real worth is in ingesting and classifying.