Venkatesh Rao ☀️
@vgr
Is there a biz model blog post somewhere? I’m foggy on how the VC-funded company behind FC is supposed to deliver a return if arbitrary 3rd parties can do hubs and clients and other apps. A lesson I’m drawing from the Twitter mess is that the core company has to make good $ before it can afford to create abundanc
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Venkatesh Rao ☀️
@vgr
Like, to the extent I’m inclined to give Musk the benefit of doubt it has to do with the pressure to bring in enough revenue to justify the acquisition price. Until EPS is in a good place he will not be acting from an abundance mindset.
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Varun Srinivasan
@v
no blog post yet, but @dwr.eth has posted some screenshot essays / casts on this topic which he might be able to repost here
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Andy Jagoe
@andyjagoe
similar reverse issue: what prevents purple app from launching a copy of any successful 3rd party app? even if they don't want to, users may demand this on fc biz: farcaster://casts/0x3f70f9865632f3a135c57b5cd77d79782d83125bb5ec137bad740ecf6f854fe4/0x3f70f9865632f3a135c57b5cd77d79782d83125bb5ec137bad740ecf6f854fe4
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Michael
@michael
Namespace monetization is one (user ids will be yours forever, nicknames will be rented)
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