C. Keith Ray on Nostr: "enshittification never came for Craigslist. The roots of its model, the ...

"enshittification never came for Craigslist. The roots of its model, the person-to-person approach to commerce, has never truly gone away because it chose never to allow itself to reach beyond its original goals. Craig Newmark didn’t need to become a multi-billionaire, but nonetheless still succeeded beyond his wildest dreams because he knew when enough was enough. He never exploited the spigots or threw an algorithm on the thing he built. He has put much of his money into philanthropy. He is a key example of living the ethos.

To me, looking at the fediverse or services like Bluesky, that’s the real opportunity: People can do well while not being exploitative or overcapitalizing the business…"
https://tedium.co/2024/12/05/bluesky-business-models-craigslist/