ST Alpha - "I think that sort of monetization of a social network misses the point (and I think app.net will fail, also)." (Reading a Post)

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In response to "Poll: Would you pay 1$ a month for facebook? 5$?" by Guigue

I think that sort of monetization of a social network misses the point (and I think app.net will fail, also).

Posted by Beryllium (aka grayman) Aug 24 '12, 11:15

The drive should be on getting as many users as possible, and then enticing them to use for-pay services that expand the usefulness of the site, without impacting a baseline usefulness.

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I'll never forget interviewing for Peapod and them describing their system as being not about selling groceries but about selling customer data - oblique Aug 24, 11:20 1
- whoa -- nm - Epiphany Aug 24, 11:21

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I think that sort of monetization of a social network misses the point (and I think app.net will fail, also).

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