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I don't know about that. The latest estimates I heard was that you would have to pay the average American $1k not to use facebook for a year. That doesn't mean
by llamataboot 8y ago
I don't know about that. The latest estimates I heard was that you would have to pay the average American $1k not to use facebook for a year.
That doesn't mean they would or can spend $1000 on FB, but with the proliferation of subscriptions on app stores that are $10+ a month, I bet FB could get $10 a month from a large chunk of users and start to move towards other revenue models.
- llamataboot 8y agoThis isn't to say they could make as much money with such a model, but if they were more concerned with the downsides of surveillance ad targeting capitalism as their revenue stream, they could certainly explore shifting to be a different sort of company - one with different and maybe even less revenue streams. Funny thing that, why do we never hear about a company that wants to stay the same size or shrink? What is facebook decided they wanted to be half the size they are now expense-wise, get out of the ads business, and encourage people to use their platform for less things?
- gattilorenz 8y ago> Funny thing that, why do we never hear about a company that wants to stay the same size or shrink? I guess it's a rhetorical question, but if you went public it would scare away all the investors, right? Who would invest in a company that does not plan to grow, and might even shrink? Private companies sometimes do that, tho.
- dragonsngoblins 8y agoAh but that is while it is free and presumably everyone else is using it. If it costs a dollar people would have to enter payment information all of a sudden, so it is putting a decision point in front of people where they have to expend effort and money (albeit a small amount of both) to keep using this thing. If their friends seem hesitant about it maybe they won't sign up to pay for it.