Saved by sari and
You Are Your Business Model -
The main reason for the harm today’s internet platforms cause is the misalignment in incentives between users, creators & the platforms — or demand, supply and platform incentives. And a lot of it comes down to advertising-based business models.
jad • 🥲 Bad Incentives Ruined the Internet
Here are a few more questions a business owner, in any industry, might consider:
What considerations did you take when determining your product / service price?
How does pricing determine your potential customer base, and what are the repercussions of serving only those customers?
Is the product you're selling addressing a genuine need, or is it... See more
What considerations did you take when determining your product / service price?
How does pricing determine your potential customer base, and what are the repercussions of serving only those customers?
Is the product you're selling addressing a genuine need, or is it... See more
Vincent Sanchez-Gomez • Our economy is sick. Compartmentalization prevents us from healing it.
From its inception, Robinhood was designed to profit by selling its customers’ trading data to the very sharks on Wall Street who have spent decades—and made billions—outmaneuvering investors. In fact, an analysis reveals that the more risk Robinhood’s customers take in their hyperactive trading accounts, the more the Silicon Valley startup profits... See more