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Threads spotted exploring ads, but says 'no immediate timeline' toward monetization
(techcrunch.com)
this post was submitted on 23 Aug 2024
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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.
It's the 3 D's.