this post was submitted on 15 Apr 2024
659 points (98.7% liked)
Technology
59578 readers
3420 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Money/s is the more used metric. Retention is secondary or even tertiary to money/s. Behold the algorithm, great and terrible, sheathed in robes of black and grasping sickle white.
Ah, but you're one layer off. Projected/potential money/s (in the next 1-2 quarters mainly) is what is truly king.
It doesn't have to be a good idea, it can be a terrible one - but good sounding words in the board room are what matter
"Hey, so we've decided to see if we can run 10 unskippable ads back to back. Simultaneously, we've launched a war on ad blockers. This time it will surely work because we found out you can ignore your customers - Elon Musk has shown us the way, he only lost bots with all his innovation. We expect people to get over it in 3 months and estimate we'll lose 4 users. Between 10x more ads and half our users off ad blockers, we project 20x ad revenue next quarter!"
-Words of a future CEO, probably