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   hallenbeck (hallenbeck@mastodon.social)'s status on Saturday, 24-Aug-2024 04:14:03 JST hallenbeck

   • Keith
   • BeAware :fediverse:

   @BeAware @keefeglise

   They are VC funded to the tune of around $8 million for now, I believe. There is talk of them charging for "premium services" and custom domains/user handles. Not sure how much they plan to make through that, however. Seems a bit of a flimsy business model to me. But these tech companies don't care much for robust business models. It's always a case of building a user base then worrying about the money later (usually by monetising the user base)

   • BeAware :fediverse: repeated this.
   • Embed this notice
     hallenbeck (hallenbeck@mastodon.social)'s status on Saturday, 24-Aug-2024 04:14:03 JST hallenbeck

     in reply to

     • Keith
     • BeAware :fediverse:

     @BeAware @keefeglise

     Worth noting, founder Jack Dorsey (who also founded Twitter) recently left the board citing the reason as "they are making all the same mistakes as Twitter"