@J12t Hmmm, my gut says that the Fediverse is basically...

@J12t Hmmm, my gut says that the Fediverse is basically VC-uninvestable, because the core premise of all social-media businesses is that the users are locked in so you can stuff their inbox with ads and charge them for exposure.

[To be clear, I think this is a good thing.]

I see investment pitches all the time and I have yet to see anything Fedi-related. Maybe I’m weird.

Like 31 Jul 2023 at 17:20 | Wall-to-wall | Open on cosocial.ca

2 comments

Johannes Ernst

@timbray Agree the Fediverse investment proposition hasn't been articulated. I'm confident it will be 🙂

Analogy: back in the 80's networks were proprietary. Then we got Ethernet as an open standard & arguably much more value was created (for investors & users) through the open network because anybody could connect & innovate, which they couldn't before.

But the basis of competition--networks vs adapters--changed dramatically. Same will happen here IMHO. Away from ads to captured audiences.

31 Jul 2023 at 18:18 | Open on social.coop

Johannes Ernst

@timbray Clarification on the last sentence, I ran out of space:

I meant away from a captive audience that's being force-fed ads, to a variety of other models.

31 Jul 2023 at 18:48 | Open on social.coop