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Joined 2 years ago
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Cake day: July 1st, 2023

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  • It’s not just the funding, it’s the business overall. Public companies need to show growing revenues year to year, and worse: growing revenues with a minimum yield. A product can grow by attracting more users up to a certain point. Then the only way to grow is by making more money out of the same users base. If the revenue is based on ads:

    • Extend the product so that the user’s engagement increases (channels/others kind).
    • Add paying features (freemium approach, that includes blue stars or whatever the hell you want it to look like…)
    • Serve them ads

    Freemium is not always working well and Meta never used it. They have no new great idea to extend the product without eating their other products users bases. So the only one left is more ads.

    Funding is not the issue, for-profit companies are. Non-profit is the way to go. Federation is even better as individuals/families/small organizations can run their own servers.-