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Forgot the two biggest issues in that time line in my opinion at least.
Bar of entry to this business is beyond fucking low and laughable when you compare it against other businesses.
Giving away content for promotion. Sure it would not be as practical to promote exclusive sites with licensed stuff like before. It kept a lot of the waste down. Programs really should not of dumped out as much as they do as often as they do/did.
It became a vicious cycle. New affiliates, free content, get more affiliates, need even more free content so they can compete with each other better, get more affiliates. Eventually most felt is some is good, more is better.
Latter on teaching people that they did not need to work to be in this business was not all that bright either. Again more affiliates competing with each other, thus sponsors offered them even more beyond the content- hosting, then design work, and so forth. Pretty soon everyone expected it to come easy and without much work. After that why should they really respect anyone else's work.
PS. I really do not think business threads are rare here at all. The board just moves pretty fast so they have that appearance. People just say it often, yet I find good ones often on here.
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