No Strategy, Charge Later

couple decades ago a lot of new companies got funded on the business plan that said we have literally no strategy at all for how to make money but we'll get a gazillion users then charge them later. they're (and unfortunately we're) collectively now in the Find Out phase of that. Reddit goes down as communities protest wildly unpopular changes: bit.ly/3P5UnQW

A dark-mode social media post jokes that many internet companies were funded with no real monetization strategy, expecting to charge users later. The embedded Reddit post shows a collapsed orange Reddit mascot, symbolizing Reddit suffering as communities protest unpopular changes; the punchline is that these companies are now facing the consequences of their original plan. People share it as a cynical reaction to platform changes, failed business models, and the consequences of chasing user growth without a sustainable strategy.

• @gentoomemes / 4924 2023-06-13