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A comment on Facebook Goes on a Hiring Spree for Washington Lobbyists. Parent comment

Re:Facebook Goes on a Hiring Spree for Washington Lobbyists by testplzignore on Tuesday March 27, 2018 @07:42AM (#16687354)
The problem I see is that there is no money to be made in a social network that doesn't sell its users' data. It will require a fundamentally different business model (e.g., subscription based). Maybe a philanthropic model like Wikipedia. If any of the many billionaires on Earth donated a few billion to it, it could be self-funded forever.
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Re:Facebook Goes on a Hiring Spree for Washington Lobbyists by JumpCrisscross on Tuesday March 27, 2018 @07:47AM (#16687389)
> there is no money to be made in a social network that doesn't sell its users' data

There are plenty of decent business models between selling ads and pulling all stops to maximize ARPU [1]. Regulation could allow private social networks to flourish without abusing users or publishers.

[1] https://en.wikipedia.org/wiki/ARPU

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