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List of websites that went bankrupt but should have done very well(chat-to.dev)

15 points14 points17 points submitted by gorpo85
all 6 comments

YoMamma 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun 10 days ago

I think some of these folded because of the lack of competitive management, though also because of the long tradition of buying and selling websites, whereby competitor websites eventually take over market share. For example:

In June 2011, Specific Media Group and Justin Timberlake jointly purchased the Myspace for approximately $35 million. On February 11, 2016, it was announced that Myspace and its parent company had been purchased by Time Inc. for $87 million. Time Inc. was in turn purchased by Meredith Corporation on January 31, 2018.

Musky 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun 10 days ago

Photobucket was completely self-inflicted. I don't know what they were thinking, they broke a ton of old links and demolished their business with crazy fees.

At its peak, Photobucket employed 120 people and accounted for 2% of American internet traffic. In 2019, the company employed 10 and ranked approx. 1,500th according to Alexa. (Wikipedia)

binaryblob 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun 10 days ago

Yahoo! Answers was an actual addition to the WWW. I don't really see the point of it ever having stopped. Perhaps they should relaunch it today, because spam filters should have improved by now.

relative 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun 10 days ago

The three-letter group has an unlimited supply of funds and decides what stays and what dies.

binaryblob 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun 10 days ago

Before the CIA got involved with Facebook, it was already popular, just not mass surveillance level of popular.

I never got the whole appeal of sharing personal experiences like pictures through a corporation. The popularity of Facebook only signals to me how incredibly stupid and shallow the average person is. Kind of similar to Reddit in a way, which has no values left from when it was founded; it was fun to be on Reddit, until it became the Chinese misery it is today.

Social media is essentially dead already, because there is no way to figure out what's real and what's fake anymore in the long term; imagine that twenty million trolls have an AI PC in five years with locally running LLMs. There's no way to filter that spam.

If you have real friends, you would actually visit them and show them your vacation pictures on your phone or hook them up to some projector or better yet: take them on said vacation. Shared experiences have value, some shitty picture of you near some place where millions of tourists visit every year is completely worthless.

Questionable 3 insightful - 5 fun3 insightful - 4 fun4 insightful - 5 fun 10 days ago

Of course clan427.com isn't listed. What are you racist against penguins? We were only the premier Quake 3 clan for the Dreamcast! We sold Clan 427 mouse pads and everything! We should have been billionaires by our reputation alone! 🖼️