even without the downturn, a reality check was coming. literally hundreds of little websites have been surviving due to only one factor: costs have dropped so low for producing a website that you can run it on poverty wages for years. in the 90s this wasn't the case...higher burn rates put more companies under quickly.
and the web economy is maturing in ways that just aren't friendly to small sites. google has become an accretion disc for all ad revenue that even other big websites can't compete with. the major sites are paying good wages to good talent...increasingly engineers will take $120k for 9-5 from yahoo over a lottery ticket and slave labor from a startup
the recession will just wake most "founder" types up to the reality that their payday will never emerge
and the web economy is maturing in ways that just aren't friendly to small sites. google has become an accretion disc for all ad revenue that even other big websites can't compete with. the major sites are paying good wages to good talent...increasingly engineers will take $120k for 9-5 from yahoo over a lottery ticket and slave labor from a startup
the recession will just wake most "founder" types up to the reality that their payday will never emerge