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Yeah, that's the bet! A counterexample might be Twitter. It's something that lots of people want (judging by its usage), but it's really struggled to turn tha
by fishtoaster 4y ago
Yeah, that's the bet!
A counterexample might be Twitter. It's something that lots of people want (judging by its usage), but it's really struggled to turn that into a business.
Whether OpenAI is the next Youtube or the next Twitter remains to be seen.
- nl 4y agoTwitter has about $5B a year revenue. The fact they aren't profitable is mostly because of they were/are a badly run business. (Note that they just about break even every year. That's a sign they can control costs, but the lack of revenue growth points to the fact that - as everyone who has used it will tell you - their ad platform is terrible).
- pm90 4y agoTwitter never really got the level of usage as YT though. 300 million is what I remember for their userbase. I suspect that any service that crosses some threshold of users will almost certainly monetize it profitably.