/tags/shutupandtakemymoney/ Recent bookmarks tagged #shutupandtakemymoney Mon, 02 Nov 2026 08:24:59 +0000 http://blog.pinboard.in/2011/12/don_t_be_a_free_user These projects are all very different, but the dynamic is the same. Someone builds a cool, free product, it gets popular, and that popularity attracts a buyer. The new owner shuts the product down and the founders issue a glowing press release about how excited they are about synergies going forward. They are never heard from again. Whether or not this is done in good faith, in practice this kind of 'exit event' is a pump-and-dump scheme. The very popularity that attracts a buyer also makes the project financially unsustainable. The owners cash out, the acquirer gets some good engineers, and the users get screwed.<br/> <p><strong>Tags:</strong> #business #economics #free #fuckthecloud #pinboard #services #shutupandtakemymoney #web #web20</p> Tue, 06 Dec 2011 22:25:16 +0000 linkding-ssg:bookmark:20158 business economics free fuckthecloud pinboard services shutupandtakemymoney web web20