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The problem I see is that there is no money to be made in a social network that doesn't sell its users' data. It will require a fundamentally different business
by testplzignore 9y ago
The problem I see is that there is no money to be made in a social network that doesn't sell its users' data. It will require a fundamentally different business model (e.g., subscription based). Maybe a philanthropic model like Wikipedia. If any of the many billionaires on Earth donated a few billion to it, it could be self-funded forever.
- JumpCrisscross 9y ago> there is no money to be made in a social network that doesn't sell its users' data There are plenty of decent business models between selling ads and pulling all stops to maximize ARPU [1]. Regulation could allow private social networks to flourish without abusing users or publishers. [1] https://en.wikipedia.org/wiki/ARPU https://en.wikipedia.org/wiki/ARPU