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Every single social network was built with a winner-take-all model. Walled garden, no interop. And guess what? The winner's taking all.
- Evan Prodromou, Mike Linksvayer and Matt Lee and 6 others like this.
- Mike Linksvayer, Zooko Wilcox-O'Hearn and Kragen Javier Sitaker repeated this.
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@evan in a do-over, knowing the result, then the large payoff would probably still entice them repeat. Much like buying a lottery ticket.
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On http://ur1.ca/0lppp 54 "social networking" sites with 780M UVs/mo. Of that, 540M UVs for Facebook. So, what do those other 53 do now?
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@evan Laugh all the way to the bank? Constant user base + decreasing costs = profit?
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@jasonriedy I don't think you make money from inactive users, unless you've got a subscription model.
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@evan Ah, I misread that page as giving per-month statistics. Thanks!
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@jasonriedy I believe it is unique visitors per month. But if you make money from ads, e.g., you need active users.