• helenslunch@feddit.nl
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      27 days ago

      They have to build social inertia first. This is something Facebook figured out a long time ago and is well-documented. They were begging for money from investors to keep the site running and Zuck refused to run ads because the site was still growing like crazy.

      It might be years yet before they start running ads but rest assured they will eventually.

    • illi@lemm.ee
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      27 days ago

      They need to make it nice first, to reel people in. Once they are in and invested, that’s when ads start.

      • SlopppyEngineer@lemmy.world
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        27 days ago

        Yep. that’s the classic shitty business model

        • Make a site that’s attractive to use for a lot of people

        • Once you have enough people, lock in the users with network effect, walled garden, etc

        • Use the users to draw in businesses

        • Lock in the businesses and squeeze them for profit.

        • Squeeze users and businesses for money, abandon any maintenance and improvement on the site except for monetization.

        • Hadriscus@lemm.ee
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          27 days ago

          It’s the 3 D’s.

          1. Develop the product
          2. Draw people in
          3. Dump a nice steamy log on the whole thing