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Jimmy Wales has quietly launched a Facebook rival

zdnet.com

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Re: Jimmy Wales has quietly launched a Facebook rival

#151
post #99

Earlier quoted context omitted.

Part of Prime is getting you to give them $120 membership fee so you feel youre getting some kind of bonus buying from them ("free shipping") which reduces comparison shopping. I'm probably not going to buy $100/year memberships to costco, walmart, amazon, and target, even though im half way there and really tempted to pull the trigger on another. The membership fees almost pay for themselves just in preventing me fr…

100$s? Amazon prime membership is 1000rs per year, which is less than 14$ a year.

USA prices.

Amazon $119, 5% cash back on Amazon CC, Prime Now has minimums, includes Whole Foods, has music and video included. Video is $108 by itself.

Walmart Grocery $98. (their CC is a 1 year bonus, not forever)

Costco $60-120 (120 price gets you 2% yearly cash back.)

Target Shipt $99, 5% back on Redcard, free Debit Redcard is all thats needed for free standard shipping, shipt is for same day like Now.

At the moment upgrading from 2day/nextday to same day costs around $100/year.

Re: Jimmy Wales has quietly launched a Facebook rival

#153

Earlier quoted context omitted.

100$s? Amazon prime membership is 1000rs per year, which is less than 14$ a year.

Lucky you. In the US it is $119/yr.

Gotta be smart, I think Amazon technically paid me to have prime one year and this year I've negatived a good chunk of it. Any time they have the 1$ digital credit for delay shipping I select it which then subsidizes a good chunk of my eBook purchases. I think I've had 4$ in credit just this week and have another 1$ I'll get whenever the 5$ shoehorn I ordered yesterday ships.

Re: Jimmy Wales has quietly launched a Facebook rival

#154
post #62

I checked it out by creating an account. It detected my country as India, and showed the price to jump the waitlist (currently at 60k) as $12.99 a month or $100 a year. Contrast this to (using current conversion rates from INR to USD): * Netflix here starts at $2.8 for the cheapest (mobile only, single screen) plan and has its highest plan (4K, four screens) at $11.2 a month. Netflix is considered so expensive that a…

>showed the price to jump the waitlist (currently at 60k) as $12.99 a month

That's the cost to jump the waitlist, not the ongoing price for what will be (he hopes) the majority of users. Back when Facebook was Ivy-league only, there were TONS of students I knew who would have paid to get access. As it gets less exclusive the price will come down or become free

Re: Jimmy Wales has quietly launched a Facebook rival

#155
post #40

I would prefer a decentralized social network based on boxes you plug into your router with content shared in a way that fellow users bear the weight of shared content like torrents. You could rent the box or buy outright with money to develop paid for by a premium on the box or by the rent wherein even a modest rent would outstrip the cost of buying like a cable box.

That’s essentially what a Mastadon instance is. If it’s hosted at home or on someone’s cloud account - the difference is only in connectivity speed. I’m extremely hopefully, perhaps naively, that a new internet isn’t going to be based on blockchain or owning data or any foundational change - it will be based on the ability for people to host their own server-side software again. The App Stores democratized client sid…

Mastodon is dead because Americans can't spell it.

Re: Jimmy Wales has quietly launched a Facebook rival

#156
I always shake my head when Jimmy Wales is given so much credit for founding Wikipedia, while what he did was supply the money for it from the profit he made off his soft-core porn business, while Larry Sanger (who deserves most of the credit, including coming up with the name Wikipedia, with Wikipedia's most distinctive feature -- the so-called Neutral Point of View, and with managing the site itself) is virtually forgotten.

Re: Jimmy Wales has quietly launched a Facebook rival

#157
post #113

Earlier quoted context omitted.

> seems like it's meant for some sections of first world inhabitants Perfect great! Imagine it’s intentional and a pretty effective way of doing business Now lets just critique why it isn’t a luxury brand

My general observation (anecdotal) is that people are more willing to pay a whole lot more for physical goods than for services (including apps, content and Internet connectivity).

Depends on the signaling value of the apps and content. Remember that one of the first iPhone apps was one that cost $500 and did nothing but print "I am rich" to the screen.

Re: Jimmy Wales has quietly launched a Facebook rival

#158
Since the article apparently lacks a link to the actual social network site: https://wt.social

The article says that it's not free and there's membership fee. I'm not against that, but it doesn't say that anywhere on the front page. Presumably they tell you that after you've submitted the form containing your personal information. Kind of shady.

Re: Jimmy Wales has quietly launched a Facebook rival

#159
post #99
post #62

I checked it out by creating an account. It detected my country as India, and showed the price to jump the waitlist (currently at 60k) as $12.99 a month or $100 a year. Contrast this to (using current conversion rates from INR to USD): * Netflix here starts at $2.8 for the cheapest (mobile only, single screen) plan and has its highest plan (4K, four screens) at $11.2 a month. Netflix is considered so expensive that a…

Part of Prime is getting you to give them $120 membership fee so you feel youre getting some kind of bonus buying from them ("free shipping") which reduces comparison shopping. I'm probably not going to buy $100/year memberships to costco, walmart, amazon, and target, even though im half way there and really tempted to pull the trigger on another. The membership fees almost pay for themselves just in preventing me fr…

I feel that Costco is worth it just based on bulk-buying toilet paper, dish detergent, and such.

Re: Jimmy Wales has quietly launched a Facebook rival

#160
post #7

I’m all for finding alternatives to the ad-based models that plague social media (and the web, in general), but how will people without bank accounts use such a system?

Free social networks (as in free beer) only accept users who don't have a bank accounts because the networks expect them to have one in the near future. Otherwise, there would be no reason for advertisers pay the social networks for the cost of these "free riders". Everybody ends up being monetized, that's the plan.

> there would be no reason for advertisers pay the social networks for the cost of these "free riders".

Yes, there is: network effects.

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