Hi. I'm Rick. I write, advise, and invest.
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I don’t know anyone in the ad-supported Web business who isn’t engaged in a relentless, demoralizing, no-exit operation to realign costs with falling per-user revenues, or who isn’t manically inflating traffic to compensate for ever-lower per-user value.
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The Facebook Fallacy - Technology Review
Rafer sez:
@MichaelWolffNYC then it’s time to retire.
(via rafer)
Tying this to your reblog of my post, it’s like he’s missed the entire content industry. Crazy.
(via rafer)
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