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by pgeorgi
1072 days ago
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The US business model has established "free" for services on the net, paid for by others using behavioral data for advertising. That has its advantages (access for all, no matter the socioeconomic background!) but no "paid for by others" scheme that is less intrusive has popped up yet and "free" is very hard to compete with. There's also less of a culture of "pour billions into tons of startups and see what sticks", which is a market distortion of its own. That aspect is drying up in the US though, thankfully. |
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And some generous VC funding sloshing around in the Silicon Valley, and the associated global brain drain. This is proving to get harder to reproduce elsewhere.