Zurker isn't owned by a select few venture capitalists who stand to make billions and billions. There is
nothing wrong with the idea of venture capitalists making billions from tech investments, but in the
case of a social network, the priorities get skewed.
If social networks are owned by VC's and investment banks (such as Goldman Sachs) and other investors looking purely for profit, they gradually become orientated towards one thing and one thing only: making money. How do we mine more data from the users? How do we monetize their every action? How do we get them addicted to paid apps which improve the bottom line?
It's not a bad thing for a social network to make money, but if squeezing every last penny from the user base is the abiding concern, the users aren't going to get the best possible product.
Try it
http://www.zurker.in
If social networks are owned by VC's and investment banks (such as Goldman Sachs) and other investors looking purely for profit, they gradually become orientated towards one thing and one thing only: making money. How do we mine more data from the users? How do we monetize their every action? How do we get them addicted to paid apps which improve the bottom line?
It's not a bad thing for a social network to make money, but if squeezing every last penny from the user base is the abiding concern, the users aren't going to get the best possible product.
Try it
http://www.zurker.in
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