Missives

I don’t know anyone in the ad-­supported Web business who isn’t engaged in a relentless, demoralizing, no-exit operation to realign costs with falling per-user revenues, or who isn’t manically inflating traffic to compensate for ever-lower per-user value.

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The Facebook Fallacy - Technology Review

Rafer sez:
@MichaelWolffNYC then it’s time to retire. 

(via rafer)