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True that a social media network stands to benefit more from network effect than Wikipedia. But, we already have that for-profit social media network with a hug
by reacharavindh 8y ago
True that a social media network stands to benefit more from network effect than Wikipedia. But, we already have that for-profit social media network with a huge network effect, and are looking for an alternative. I'd appreciate them trying to find better ways to grow fast while providing an alternative to the creepy mess that is Facebook. Building yet another Facebook for a "good" set of investor this time around is not it.
Don't you think it'd be a better idea to use all that engineering prowess to build a fantastic product that people want to use, run it using a non-profit foundation, and make money for the non-profit foundation by doing exactly what they claim to be their plan now - offering enterprise customised solutions?
Saying that you need investor money to grow exponentially because that's the only way our crowd funded social network will work seems unreasonable/ethically unsustainable to me.