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43 points

they are toast, forcing these open will not save them long term. the fact that they had to go here shows how effective this has really been.

no one expect them to close doors tomorrow, and I still think they IPO, lots of dumpster fires IPO. Will still be a dumpster fire and at some point it will be “huh, you still go to that trash site”?

Its happened to ever corp social network.

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10 points

I think you hit on one of the key points. Every other time this same pattern has played out, each of those sites becomes a shadow of what they once were, but the continue because (to be blunt) running Internet sites is CHEAP.

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3 points

yup, very often the investment is in continued development and marketing

critical mass is an asset

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