> That is why most of the successes are skewed early like Reddit and a bunch of other companies which defined the internet.
Reddit rode the wave with zero innovation. Really what is Reddit? Message boards predated Reddit, which was predated by Usenet, predated by BBS. Somewhere in there were Yahoo! chat forums.
All they did was colocate message boards in one place, and allowed freewheeling moderation. That's it. They got lucky, made millions with zero new ideas. People connected the same way on AOL 15 years before.
Like most Silicon Valley innovations, you just reuse an existing idea or resell polished turds as new.
Reddit rode the wave with zero innovation. Really what is Reddit? Message boards predated Reddit, which was predated by Usenet, predated by BBS. Somewhere in there were Yahoo! chat forums.
All they did was colocate message boards in one place, and allowed freewheeling moderation. That's it. They got lucky, made millions with zero new ideas. People connected the same way on AOL 15 years before.
Like most Silicon Valley innovations, you just reuse an existing idea or resell polished turds as new.