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submitted 4 months ago by [email protected] to c/[email protected]

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[–] [email protected] 28 points 4 months ago (1 children)

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.

[–] [email protected] 22 points 4 months ago

It's the 3 D's.