Re: Six Apart acquires and shuts down Pownce
by crabapple on Monday December 01, 2008 @04:10PM
(#382103)
shutdowns like this are going to be common. 90% of existing websites have no viable chance of being self-sustaining by ads or subscriptions...but this shouldn't surprise anyone, at some point, a near-frictionless model coupled with strong winner-take-all economics is bound to result in a few dominant players choking off nearly everything else
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I disagree. Creating a website/webapp is ridiculously cheap IF you do it well. There's no barrier for entry. Anyone in their bedroom could be the next twitter on a shoestring.
Creating a website teaches you a lot, and is a lot of fun.