Advertising became the default business model on the web, its entire economic foundation, because it was the easiest model for a web startup to implement, and the easiest to market to investors.
Very few sites make any real money from advertising. Most startups use advertising in a different way. Their revenue source is "investor storytime".
Most online ads aren’t worth very much. Of course, that's a feature not a bug...
Hi everyone, I just joined Social.coop as a paying member. I'm the founder and Executive Director of Shareable.net, a solutions journalism nonprofit that reports on innovations that spread wealth, build civic culture, and help people share resources. Shareable helped catalyze the #platformcoop trend with our coverage. Thank you to everyone that set up Social.coop. I look forward to sharing and learning with you. #introduction #socialcoop
Some #startup called #Rumor is claiming to be the "First People-Owned #SocialMedia Company". Which is strange, since I seem to be writing this toot on the #socialcoop #mastodon instance, but I might be hallucinating.
If you want to help drag their #ownershipwashing @$$es on #birbsite, RT this thread: https://twitter.com/coopwatercooler/status/895708027537342465
Interesting piece about firms, efficiency, p2p and power dynamics #platformcoop
Whoa, sounds like #SoundCloud is in trouble. Possible opportunity for a #PlatformCoop rescue? https://www.nytimes.com/2017/08/01/magazine/if-soundcloud-disappears-what-happens-to-its-music-culture.html
My name is Luke, a long-time observer of social movements, protests and participatory democracy. As a web software guy I have worked in a wide variety of fields but always personally interested in the ways the open web supports bottom-up collective intelligence and is a platform for local decision making for global needs.
Currently precipitating thoughts around #intentionalcommunity ideas as translated to the federated web.