> I also don't think it's constructive to conflate providing a service with making a profit. Plenty of people are happy doing just the former.
Can confirm. I spent years in the late 2000's running a phpBB board to enable discussion on a niche hobby. I spent probably a few thousand dollars on it over several years, we eventually waned in traffic and gave it up as everyone was moving to reddit. I never saw a penny of profit from that, nor expected it: some of our older members were happy to kick some cash my way to offset server costs. As a result, we had a community that was robust, friendly, open to everyone and 100% free to use. No scummy ads, no tracking, no surveillance, no "sponsored posts," none of it. It was glorious and I miss it every day.
I would've happily taken donations to offset the costs, but I never saw it as a money-making operation. Nowadays it feels basically unheard of to do anything online without the expectation of making money.