“We have watched the world buy into the lies of people who ‘believe in the disruptive potential of technology,’ and who think the best way to realize that potential is to build for-profit businesses that enable a creative-class petit bourgeois to make it through their day without acknowledging another human being,” the founders, Colin Bayer and Jae Kaplan, stated back in 2020. “We think we can do better, by building tools that focus on fair dealing and sustainable growth rather than market dominance,” their manifesto read.
The company had been sharing its financial difficulties in a series of updates starting in March 2024, which warned that the site’s major funder, who prefers to remain anonymous, had gone completely incommunicado as the funds were running out. Cohost, however, was nowhere near being able to sustain itself, as it had just 30,000 monthly active users and just 2,630 subscribers as of March 11, 2024.
https://techcrunch.com/2024/09/12/cohost-the-x-rival-founded...