I bought Friendster for $30k – Here's what I'm doing with it
261–270 of 648 posts
Re: I bought Friendster for $30k – Here's what I'm doing with it
#262Earlier quoted context omitted.
That sounds creepy to me. Taking a photo together doesn't seem like friction to be removed?
Doing it via a photo implies facial recognition, which can potentially be more creepy for people. Is it happening on device or in the cloud? Do I need to register my face when joining the service? What happens to that data if the service is sold at some point in the future?
But that only works if the social network has enough privacy safeguards that sharing personal photos on it makes sense. Maybe the network just shares the photos encrypted?
And if you can't share photos with your friends on it, it seems kind of limited as social networks go?
Re: I bought Friendster for $30k – Here's what I'm doing with it
#263The 'tapping phones' gimmick strikes me as something that sounds cute but will become an annoying chore that one should be able to opt out of. Particularly given various unintended side effects -- I personally wouldn't want my connection to my deceased best friend to be subject to some decay feature on a social network. And either way, it's not the core feature that will draw users to the site If you want to differen…
Re: I bought Friendster for $30k – Here's what I'm doing with it
#264I really wish more social networks would have a "fading connections" limit. So many social networks suffer from stale connections and networks, and these connections should expire after a year. Otherwise, it will permanently define a social network's content and editorial direction without algorithmic control. For example, Selena Gomez will always have 400million followers on Instagram, but she's socially irrelevant…
For example, I know a gal who foolishly invited her whole friend list to her 26th birthday party. Did that weird guy from 3rd grade show up? He sure did.
I know this wasn’t the point I was supposed to take from your comment but I’m liking this idea
Re: I bought Friendster for $30k – Here's what I'm doing with it
#265Earlier quoted context omitted.
When a new app is released, it takes a few days for it to get into search, for some reason. Pretty much every single time a new app releases I see a comment like this. Nothing malicious you just have to wait a bit.
Agreed. You can search apps by their exact name, identifier, anything, and App Store will not find them for day+.
Re: I bought Friendster for $30k – Here's what I'm doing with it
#266Earlier quoted context omitted.
You are absolutely right and that jumped out at me. I should also point out the obvious: if people were selling online assets making $9k/year for $9k, there would be a line out the door of people lining up to buy them. If anyone here is selling an asset that makes $X a year for $X, I'll buy it! I make my money back in 12 months and everything else is profit. So let's value it as it would be valued on, say, Flippa, a…
Yeah, but you have to scale the projections for uncertainty about the future, and exaggeration by the seller. In particular, if someone on the internet tells me they’re making $x a month from spammy ads on a squatted domain, I immediately discount the claim substantially due to bullshit. I increase the discount rate if the person making the claim is trying to sell me said domain.
Re: I bought Friendster for $30k – Here's what I'm doing with it
#267Earlier quoted context omitted.
From what I can tell, The upper bound on price for any site making less than 100k a month is 24 months of revenue, but the more common is around 12 months. The buyer takes on substantial risk because it's easy to fake the numbers, and google updates can tank the site at any time. Also, most sites will require maintenance/upkeep to keep earning, or they can tank quick. Even if they have got evergreen content, without…
I see it more as 20-40 on Flippa. Where are you seeing 12x monthly revenue sales?
Re: I bought Friendster for $30k – Here's what I'm doing with it
#268Earlier quoted context omitted.
Have you heard of Android? Graphene OS? You do have freedom of choice here
Not for long if Google has any say about it. Hardware remote attestation is here, and it's the number one threat to mobile computing freedom. The future is one where everyone can, theoretically, install anything they want, but they get banned from everything should they actually do so. Rooted system? Attestation fails. "Oh no, looks like someone tampered with the system". Can't access your bank account. Can't communi…
We just need to raise the profile of GrapheneOS and convince more banking apps to use this API, if they are already using Google's attestation API.
GrapheneOS's strategy for raising their profile and being seen as more legitimate is that they've formed a partnership with Motorola Mobility, who will be manufacturing Graphene compatible phones. https://motorolanews.com/motorola-three-new-b2b-solutions-at...>
Re: I bought Friendster for $30k – Here's what I'm doing with it
#269Re: I bought Friendster for $30k – Here's what I'm doing with it
#270Earlier quoted context omitted.
This argument falls apart since there is no real freedom of choice, and the importance of smartphones in our lives. People are becoming more aware that they don’t want a corporation in control over this essential near ubiquitous technology. I see no good reason to follow a “it’s a corporation they can do whatever they want” mindset
Who is forcing you to exclusively buy into Apple’s ecosystem? Are other competitors banned where you live?
The guiding principle should continue to be that manufacturers and retailers don't get to control the second hand market or dictate what users do with the things they purchase. Digital controls used to thwart the owner's freedom should be outlawed.