Yeah, wasn't implying that - basically, if the investors have a controlling stake, it's a pretty okay return for something that seemingly had no business model besides "maybe sell ads/filters?".
If the investors didn't have a controlling stake, then the founders would be pretty damn rich.
Anything that can accumulate attention can be easily monetized. The hard part is accumulating attention. Wondering about business models is exceedingly tired.
Can you please tell me how to convert attention into money? Genuine question, since it seems like the business model of a lot of B2C startups out there.
i consider membership, subscription, pro features, in app purchases and premium features to be almost equal. Same for ads and sponsorships. In other words: that leaves you with ads, premium featues or selling the data. Which can be quite hard to sell, depending on your audience (I consider Twitter a good example).
If the investors didn't have a controlling stake, then the founders would be pretty damn rich.