| Yes! And they're so incredibly cheap to run, in the scheme of things. They're TEXT and LINKS ffs. Even Snapchat, which deals in video, costs about $2.50 per user per year to run. Honestly, we're some set of dopes to let people like Zuck and Huffman build yachts and apocalypse bunkers, with bloody advertising money, all for the genius idea of sharing text and links on the internet. |
Then there's the ad engine, which requires user data harvesting, and all of that analytics and analysis and machine learning, and that all gets expensive, so you have to do more of it and do it better so that you can make more ad dollars so you can afford to do more of it and do it better so that.... and so on and so on.
You could just charge users, of course, but if you charge users then you hamstring your organic growth, so you have to find a way to only charge some users but charge them significantly more. Even if Twitter only costs $1/usr/mo to run, how many of those users will pay? You need to charge 1% of users $100/mo, or 0.1% of users $1000/mo, which means you need to offer them something tangible for their money, but none of these sites can really think of anything tangible to offer their users that's worth paying for so they're stuck with ad revenue and...
Yeah, it's a gigantic mess.