this post was submitted on 29 Jan 2026
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Why does Apple feel they deserve a 30% cut? In cases like this, Apple aren't providing any value at all.
Sure, Apple are providing a payments platform, but why do they deserve 10x what Stripe charges?
It's just platform-milking, just like Meetup.com's latest antics; there isn't deep analysis needed to everything, haha. "Capitalism" is totally a legitimate answer despite being just one word.
Meetup is now owned by Bending Spoons, who have also enshittified wetransfer, Evernote, eventbrite, AOL, vimeo. They buy decent products that never exploded to ipo status, fire everyone and milk the rest for whatever they can charge.
Ironic that they named themselves on a plot about breaking out of a cycle of control, classic Palantir or Anduril vibes too of like “haha movies good where stonks”