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this post was submitted on 09 Sep 2024
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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To be clear: Cohost did take funding from an anonymous angel, and as a result will not be sharing their source code; quoting from your link:
Somebody paid a very small amount of money to get a cleanroom implementation of Tumblr and did not mind that they would have to build a community and then burn it to the ground in the process. It turns out that angels are not better people than VCs.
Looking at both cohost and tumblr, I don’t think the funder has an asset that’s worth very much.
Yeah, having the source to a site (even if it includes stuff like day to day ops, backups etc) isn't worth much if you don't have a community. It's a bit like "open source" LLMs, sure you can run a mudball of python on your computer but the real worth is in ingesting and classifying.