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> The other option is that people would pay to use Reddit or Twitter. But they would lose 90% of their users if they took that route, because what they do does
by uncletammy 3y ago
> The other option is that people would pay to use Reddit or Twitter. But they would lose 90% of their users if they took that route, because what they do does not provide enough value that a typical user would pay for it.
I see this repeated all the time but I've never seen any evidence cited to support it.
Also, 90% of the users leaving when the site switches to a paid model doesn't necessarily mean the quality of the site or their profitability will go down. I'd pay a pretty hefty monthly fee for most of the social media sites that I've now stopped using as a result of their heavy handed strategies to maximize ad revenue.
Also, since when did we start deciding how much value a thing could potentially provide to an individual? Isn't that what "the free market" is supposed to sort out?