• SlopppyEngineer@lemmy.world
    link
    fedilink
    English
    arrow-up
    26
    ·
    2 months 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
      link
      fedilink
      English
      arrow-up
      21
      ·
      2 months 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