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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
Re: Six Apart acquires and shuts down Pownce by axod on Monday December 01, 2008 @06:22PM (#382319)
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.

Re: Six Apart acquires and shuts down Pownce by elviejo on Monday December 01, 2008 @07:58PM (#382429)
Yeap twitter doesn't make any profit.

A model worthy of emulation indeed.

Re: Six Apart acquires and shuts down Pownce by axod on Tuesday December 02, 2008 @03:03AM (#382786)
Yes twitter doesn't make a profit, but they have a massive userbase to sell to. I think they'll probably work out a business model if they put their mind to it.