New Social Networks Tsu & Ello

[SeanAustin]

Hey BHW,

I would appreciate your input on this as I don't know quite where to put my 2 cents.

What do you think the future holds in store for these two new social networks?

Personally, here are my own opinions. Tsu is a great idea. If the general facebook population were to switch over to a network that payed you, everyone would be doing the same exact thing, yet collecting $100 - 200 a year. Why the hell not?

The downside with this network are the people who are only there to make a quick dime. These type of people are poison for tsu and could be the downfall of it.

Ello is neat and all, but to be honest, I don't mind ads all that much, and if I had to choose between a network that has no ads and a network that has ads and pays you, I would choose the ladder. I think ello is a great idea for artists trying to display their work, but besides that, I don't see much use for it.

Anyways, I just seem to be juggling back and forth on where to be spending my time. Your input will be great to hear. Cheers.

 

[Brad100]

Both are crap,

Just my 2 cents.

 

[lord1027]

There's some potential to both of them, but I wouldn't get high hopes with them. I believe Tsu is mostly valuable considering everybody there is trying to make money, it's really niched targeted traffic for those who know how to use it.

 

[SeanAustin]

There's some potential to both of them, but I wouldn't get high hopes with them. I believe Tsu is mostly valuable considering everybody there is trying to make money, it's really niched targeted traffic for those who know how to use it.

I would agree with you there. Anyone else got some input?

 

[skadoosh]

Tsu is retarded.

$100-$200 a year? I think you're vastly overestimating the value of user-generated content. It's a shame people aren't getting paid for selfies and subtweets.

If Facebook shared it's revenue with all its users then everyone on Facebook would be making like $1 a year. The majority of people just aren't going to come close to the minimum cash out limit, so why would they stick around a social network that's steeped in competitive spam.

If there's a monetization aspect to a social network then making money will undoubtedly be the driving factor for its users.

What's going to happen is people who already have a large following on other social media sites will be the ones making all the money due to the pyramid scheme-esque element that rewards users for getting people to sign up through their links. Then what? To break into a market you have to solve a problem, and at that point no problem is being solved. It's a Facebook ripoff that most of your friends don't use.

Also, they're supposedly giving 90% of their revenue to their users. How the hell would they expect to run a social network the size of Facebook on 10% of their revenue after that venture capital money runs out?