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For now yes, but Twitter could do exactly the same thing at some point in the future; they need money too. Whatever rug you get comfy on can be pulled from unde
by alexkus 14y ago
For now yes, but Twitter could do exactly the same thing at some point in the future; they need money too. Whatever rug you get comfy on can be pulled from under you at a moment's notice.
IPOs/monetization/capitalism has far more power than the user-base.
I'd love to see a bunch of not-for-profit[1] startups to come along to replace the likes of paypal/twitter/stripe/etc.
1. For example, supported by just enough injected advertising to break even, or fees set at a percentage that just covers costs rather than going after piles of profit.
- padobson 14y agoI couldn't agree more that these companies need to find better ways to monetize. Watching Zynga slow to a crawl at the same time they represent 14% of Facebook's revenues is proving we haven't found the best business model for social media yet. My point, though, was that they're making the product worse. The lack of a creative business model to monetize a user base while keeping the quality of the product high is disheartening. These are some of the best minds in consumer internet - which doesn't give me high hopes for consumer internet.