3 ms·
These industries are spurned by growth-hacking companies that receive a lot of VC funding to do just that: prove out "user value" which is code for "get as many
by mindfulplay 6y ago
These industries are spurned by growth-hacking companies that receive a lot of VC funding to do just that: prove out "user value" which is code for "get as many users as possible".
Twitter, Reddit, FB, Instagram all thrive on mediocrity amplified by the loudest voices. And then these investors and founders brag about user engagement, customer acquisition, retention and such meaningless numbers. None of it maps to user value. Because this drives advertisements to their sites.
Unless there companies actively reduce this nonsense, things will never change.
- bassman9000 6y agoIn addition to that, they delegated moderation to users, and some platforms even actively sought certain ideas while suppressing others, thus compounding on the mob effect. Twitter is notoriously guilty of this (although not the only one): wrongthink is actively patrolled, and reputations/jobs, (sometimes even worse), are routinely destroyed.
- glial 6y agoOr -- we institute much stronger limits on advertising. We blame tech companies for being complicit, but they are following advertising dollars. Without advertising dollars, the whole thing dries up.