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Channel: Business - Tim Worstall
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Ghastly idiot

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Unlike most other businesses on Earth that live and die by their customers’ demands, social media services are caught trying to satisfy both their users and the people actually paying for it all: investors and advertisers.

Lordy, this is such a common business situation that Jean Tirole got the Nobel for analysing it.

And this is from a guy who spent 7 years at Snap…..


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