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Bluesky CEO Jay Graber is reshaping social media, but advertising isn't off the table (techcrunch.com)

submitted 2 weeks ago by moe90@feddit.nl to c/technology@lemmy.world

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[–] SnotFlickerman@lemmy.blahaj.zone 9 points 2 weeks ago (1 children)

Exactly, they're in the "growth" part of the business stage, where they get investors giving them money because of the explosion of user growth. In other words, the explosion of available eyes to put ads in front of. They're literally investing based on the growth of the user base, which is tied to how much ad-buy can be involved.

[–] Glent@lemmy.ca 3 points 2 weeks ago

Growth phase = lucy holding the football