Changing the FB business model?
From ideation to implementation of any entrepreneural venture, business model will be the most important strategy to think about over and over. Most of the time, it will not be clear at the start but as you go through iteration it will be clearer and bolder from the founders’ and stakeholders’ perspective.
The question now is, can Facebook still change their business model?
From the article written by Romain Dillet in TechCrunch, Congresswoman Anna Eshoo asked “Are you willing to change your business model in the interest of protecting individual privacy?”
“Congresswoman, I’m not sure what that means,” Zuckerberg said.
https://tcrn.ch/2Hsz2wi
The present business model of Facebook entails sharing or selling directly or indirectly their users’ data which include hobbies, purchasing behaviors, age, gender etc. to anyone who want it for whatever purpose.
If FB will change their business model, what do you think are the critical factors they have to consider? Except copying Steemit’s model😁
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STOPhttps://steemit.com/technology/@davidpakman/518h3gi1
This is something we need to understand.
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Let me know your take on this!