• Ɀeus@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    1 year ago

    somebody else pointed this out, but it’s honestly bizarre he’s going in on the “we aren’t making any money” ploy in preparation for the ipo

    what’s the pitch to the investors? “please by shares in this unprofitable company, in the hope that we can become profitable by pissing off our userbase”?

    • MachineTeaching@feddit.de
      link
      fedilink
      arrow-up
      0
      ·
      1 year ago

      It’s not actually about the money in that sense. Don’t be fooled.

      No, they want to kick out third party apps because that cuts costs and the first party app is way better for pushing ads onto users. That’s the real investor pitch, they just aren’t saying it out loud.

      If it was about being profitable, why charge such outrageous prices?

      If it’s about covering costs created by these apps, why suddenly drop such a huge change on them with an timeframe that can’t possibly be met? Why don’t they work together with app developers, communicate things well ahead of time and give them some leeway when necessary?

      They just want to kill third party apps without outright saying it and the easiest way to do that is to charge costs they can’t pay.

    • TeaHands@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      1 year ago

      “We’re not afraid to make the tough decisions and purposefully alienate our longest-standing users, the ones who know about things like adblock and try to hold us accountable to things we said a decade ago. Please give us money for this new sleeker userbase without any of those pesky olds.”

      • branchial@feddit.de
        link
        fedilink
        arrow-up
        0
        ·
        1 year ago

        Completely agree. They want a tiktok or Instagram clone except for link aggregation. Happy people mindlessly scrolling and eliciting predictable reactions and emotions.

        Cats -> 🥰 News -> 🤔 Injustice -> 😡 Helping others -> 🤗 Cool gadgets -> 🤯

        No thinking just liking