Meta makes $207 per year per user in the US and Canada, without charging them anything.
That's more than what many subscription products (Netflix, Spotify, etc) make from their paid users
I love when people publish more stats and behind-the-scenes of their projects.
You walk down your high street. What do you prefer to see there? The economist will say: Walmart, Best Buy, the Gap. Scale economies — cheaper prices — better for “consumers”! But the human being will say: an independent cafe, a good bookshop, a boutique clothing store. Why? Because they offer many things that mega scale organizations don’t.
College isn’t insurance—It’s a nightclub. If colleges were normal businesses, with the entire world clamoring to get in, they’d increase enrollment. If they’re offering a great product, more people should benefit from it. But not universities. Because it's not about learning, it's about status.
The direct-to-consumer wave began in the twenty-tens as a new generation of startups promising to “disrupt” traditional industries for consumer goods. Instead of leaving the market to century-old stalwarts like Gillette, for example, a company like Dollar Shave Club, founded in 2011, would set up its own supply chains to manufacture razors; add... See more