Like many people I’m here because of reddit going to shit. Twitter has increasingly been shit. gycat is shutting down in September. To me it seems like lots of bastions of social media are crumpling, but as a previous active reddit user, I’ve been personally effected. Is this just a frequency illusion or has something changed in the world that has changed the business case of these sites?
tl;dr: Blitzscaling only works with cheap money.
I wouldn’t be surprised if pigboy isn’t intentionally tanking news aggregator website to screw over the investors.