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"These are major players in a top 25 website." This may indicate the business model is dead. top 25 but no ability to monetize because the business model died
by VLM 11y ago
"These are major players in a top 25 website."
This may indicate the business model is dead. top 25 but no ability to monetize because the business model died while no one was looking.
Think about it.. Consider a much more lofty position, like US News and World Report in the newsweekly market, they were top 3 at one point, out of business today.
Have to face the facts, the reason for lack of execution in the marketplace might be because the biz model is dead. Close up now, give the money back to the investors.
The general public liking something doesn't mean its a guaranteed success or a rational business model.
- Balgair 11y agoI agree that the biz model is struggling and that monetization is tough here. However, I was more talking to the maturity of the people there when mentioning a top 25 website. One would think the board would have hired people that are not so petty, but alas.
- 001sky 11y agoThis is why what Sheryl Sandberg did at facebook is hard. Places like reddit and twitter are fundamentally successful products. The content creators, who are basically working for free, creating stuff that grabs other people's attention.