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Li Jin
@li
This Friday at 3pm ET, I’m hosting an AMA with @eugene in this channel! He’s an incisive student of tech, authoring classics like Status as a Service and Seeing like an Algorithm. Ask him about social networks, consumer product, and insights from his years as a product exec at Oculus, Hulu, and Flipboard!
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TheModestThief🎩
@thief
what are the biggest reasons why social networks fail?
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Eugene Wei
@eugene
For ad-based social, it's often a failure to scale; it's tough to compete with the Meta/Google ad duopoly (see brief social network fads of the last 3-5 years, but maybe also Twitter, Snap). For social media, it can be status collapse before you achieve utility, which is just an unwinding of network effects.
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