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The ironic thing is that he lists monetization last, but simply by uttering that sentiment he tells us that they are really thinking about monetization first, a
by mym1990 3y ago
The ironic thing is that he lists monetization last, but simply by uttering that sentiment he tells us that they are really thinking about monetization first, aka the end goal of the product.
- cableshaft 3y agoEven if he didn't say it, it's implicit in who they are. Do you really think a massive social media corporation is going to launch another social media platform, just for funsies?
- hobo_in_library 3y agoI mean, did you think he was pouring money into this out of the goodness of his heart?
- mym1990 3y agoNo, no, just pointing out the blatant contradiction in the statement. Although I do wish an app intended for a billion people had a component of goodness to it!
- canadianfella 3y ago[dead]
- akhosravian 3y agoI don't think he's ever suggested Facebook is anything but a for profit enterprise, but I think it is an extremely cynical take that "build a product a billion people would use before thinking about monetization" actually means "think about monetization first".
- username135 3y agoThe literal only goal of a public company is to make money for its shareholders; shareholder wealth maximization. I think your altruism is misplaced because they most certainly are thinking of $$$ first and foremost.
- tarsinge 3y ago> The literal only goal of a public company is to make money for its shareholders; shareholder wealth maximization. No it’s only a theory that emerged in the 70’s (https://en.m.wikipedia.org/wiki/Friedman_doctrine https://en.m.wikipedia.org/wiki/Friedman_doctrine).
- praisewhitey 3y agoThey opened it up for brands days ahead of the general public. Of course they're thinking of monetization first.