News for hackers. Stuff that matters.

A comment on Roger McNamee: I invested early in Google and Facebook and regret it. Parent comment

Re:Roger McNamee: I invested early in Google and Facebook an... by remarkEon on Wednesday August 09, 2017 @01:36AM (#14965816)
Is there? How are we defining value here? Profit?

I broadly agree that creators hugely benefit from these platforms, but that really doesn't seem to be what they're optimizing on imho. And you basically admitted they're a monopoly with that final statement.

[ Parent | on HN ]
Re:Roger McNamee: I invested early in Google and Facebook an... by forthefuture on Wednesday August 09, 2017 @02:27AM (#14966047)
It costs money to host video. The volume of advertising you sell supports your costs, with a fraction going to the content creators. Using information you gather increases how much advertising you can sell. The more advertising you sell the more money everyone gets.

Having a low cost infrastructure for video streaming and good advertising deals is not a monopoly, it's an investment.

[ Parent | on HN ]
Re:Roger McNamee: I invested early in Google and Facebook an... by bamboozled on Wednesday August 09, 2017 @07:35PM (#14974786)
But you can still have advertising, just not targeted and use tactics from the gaming industry to get people hooked on content.
[ Parent | on HN ]