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williamvds | 1 year ago
> with good ownership management
This part is questionable. As the advertising news highlights, a private company operates primarily in the interest of its owners. For a venture-captial backed company, you expect to see the cycle of benevolence in order to grab market share, a model that induces lock-in (social lock-in, in this case), followed by exploitation (advertising and the other predatory FOMO stuff they have with the subscriptions).
The writing was on the wall from the get go, but people fell for it anyway. And now I'm hit by it too because I have to use it to hang with my friends.
It's all so tiresome
junon|1 year ago