Re:Facebook's TikTok-like redesign marks sunset of social ne...
by threeseed on Tuesday July 26, 2022 @10:35PM
(#32246336)
There isn't. Many companies e.g. Path, Google have tried and failed to build a social network that focused on more personal relationships.
They simply don't offer enough value over say a WhatApp group.
Re:Facebook's TikTok-like redesign marks sunset of social ne...
by nine_k on Tuesday July 26, 2022 @10:38PM
(#32246350)
I think they wanted hockey-stick growth and prospects of a big payout, while the sustainable model may be a lifestyle business that barely pays for itself.
Re:Facebook's TikTok-like redesign marks sunset of social ne...
by naravara on Wednesday July 27, 2022 @11:21AM
(#32251560)
This. Though I'm not even sure about the "barely pays for itself." I mean, Automaticc/Wordpress sustains itself okay and had the resources to buy Tumblr. I think they're just under $100M in annual revenue. Outside the world of absurd Silicon Valley valuations, that would be considered very respectable
BTW have you tried dreamwidth.org, a fork of the venerable livejournal.com? They look as if 2005 had never ended,in a good sense.