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> I see business opportunity here. Genuinly curious: do you see one without the annoying aspects you described? How would you monetize it?
by Drdrdrq 8y ago
> I see business opportunity here.
Genuinly curious: do you see one without the annoying aspects you described? How would you monetize it?
- hu3 8y agoAdmittedly, I don't know of another blog platform without ads. But I haven't taken time to search either. > How would you monetize it I wouldn't. Medium solves a non-problem. It only exists because VC funds have this tendency of pouring money over anything that resembles business. However, Medium isn't too big to fail and I suspect its grace period is long past and now business decisions are mostly driven by shareholders seeking a favorable exit strategy. [1] [1] https://marketingland.com/medium-will-eliminate-promoted-stories-ad-product-following-layoffs-202566 https://marketingland.com/medium-will-eliminate-promoted-sto... But if I really had to come up with a way to monetize Medium, I'd take a look at Wikipedia business model.
- strken 8y agoWikipedia is a non-profit. It by definition doesn't have a business model.
- hu3 8y agoAnd yet Wikimedia foundation reported an increase of $22 millions in net assets in 2016 alone, totaling $120 millions sitting in the bank. [1] So my suggestion stands: There are lessons to be learned by looking at how Wikipedia manages without ads. [1] https://annual.wikimedia.org/2017/financials.html https://annual.wikimedia.org/2017/financials.html