• SlopppyEngineer@lemmy.world
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    3 months ago

    Yep. that’s the classic shitty business model

    • Make a site that’s attractive to use for a lot of people

    • Once you have enough people, lock in the users with network effect, walled garden, etc

    • Use the users to draw in businesses

    • Lock in the businesses and squeeze them for profit.

    • Squeeze users and businesses for money, abandon any maintenance and improvement on the site except for monetization.

    • Hadriscus@lemm.ee
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      3 months ago

      It’s the 3 D’s.

      1. Develop the product
      2. Draw people in
      3. Dump a nice steamy log on the whole thing