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I definitely remember the early web, and the way some of the early "purists" believed the Internet would be "ruined" if commercial interests were allowed. Anybody even thinking about trying to make money from the web was immediately blackballed. "But it costs MONEY to run servers and code web pages!" Well, you shouldn't have a web site if you're not prepared to offer what you have for free.
As you say, small operators were attacked and closed down. Large organizations shrugged it off and kept going.
I like Hive and its communities. It will be interesting to see where we end up!
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RE: There Is Something Fishy at the Intersection of Web 2 and Web 3!