alt Hacker NewsYes, the point of business is to make profit, not to be a charity.
No one said it was. Where do you see that in this thread?
Bending Spoons believes they can extract enough profit off Vimeo to justify the purchase price, either by reducing expenses, raising prices or both. This may still be palatable to the customers if they don't have any better option.
Just listen to yourself. "Extract enough profit," "raising prices," and ending with You don't like it, too bad. You sound like the taxi industry before Uber.
This the type of thinking that gave us Windows 11, Adobe, and every other piece of technology that started good, but became crap.
It's also the reason new companies suddenly show up and eat the incumbent's lunch. Happens every day.
I'm glad I don't work for you or your company. I have pride in my work. I wouldn't want to be just another tool to "extract" things from my customers because "they don't have any better option."
> No one said it was.
Fair enough, a minority of businesses are run as public benefit corporations. But the vast majority is ran to generate profit. Bending Spoons especially.
> I wouldn't want to be just another tool to "extract" things from my customers
I assume you're independently wealthy and acquired said wealth from a generous donor who gave it to you with no expectations in return?
Because otherwise we're all "extracting" something.
I take pride in my work too and I believe the prices I charge for my services are fair - but nevertheless if I gave the choice to my clients between paying me for those services or getting them for free, they'd prefer free.
> This the type of thinking that gave us Windows 11
What's giving us enshittification and the terrible quality of software nowadays is the lack of healthy competition, because of lacking anti-trust enforcement and adversarial interoperability being effectively illegal. Companies thus take their customers hostage and raise prices/decrease quality.
Ideally we'd just make competition in tech a reality again which would put a limit on enshittification.