Kodlama 20 Nisan 2024

Post News, the a16z-funded Twitter alternative, is shutting down

Post News, the a16z-funded Twitter alternative, is shutting down

Post News, a microblogging site that emerged in the days after Elon Musk’s Twitter acquisition, is shutting down just a year and a half after launching in beta.

Founder Noam Bardin, previously CEO of Waze, broke the news in a post on Friday.

“At the end of the day, our service is not growing fast enough to become a real business or a significant platform,” Bardin said. “A consumer business, at its core, needs to show rapid consumer adoption and we have not managed to find the right product combination to make it happen.”

Post was backed by Andreessen Horowitz and Scott Galloway, an NYU professor and tech commentator, but the platform never disclosed how much it raised. Silicon Valley journalist Kara Swisher was an adviser to the company.

Post’s strategy was to harness Twitter’s reputation as a virtual watercooler for journalists, then build on that further by creating a new way for publishers and writers to monetize. Instead of subscribing to various different publications, Post users could purchase individual articles from certain partner outlets.

Despite Post’s closure, Bardin said he thinks that the company proved something about the different ways in which digital news outlets can monetize. He wrote that Post “validated many theories around micropayments and consumers’ willingness to purchase individual articles.” The platform also allowed users to tip writers for their work.

Bardin is right that the media landscape is changing. There are more independent and worker-owned publications than ever, hosted on tech platforms like Substack, Beehiiv and Ghost. But perhaps it was too soon to try to capture this nascent movement in a social platform.

Around the same time that Post sprung up, a number of other Twitter alternatives threw their hat into the ring to capture the population of users who would be dissatisfied with Musk’s ownership decisions. Post managed to hang in there for more than a year after launch, but it’s not the only new microblogging site that’s folded. Pebble, also known as T2, shut down in October.

As we knew all along, social media is a tough business — and even if users flock to your site for a fleeting moment, that doesn’t mean they’ll stick around.

source

Spread the love <3

You may also like...

Eki
26
2024
0

ASUS kabul etti! Windows 11 uyumluluk sorunu çözülüyor mu?

Teknoloji dünyasında yeni bir donanım, yeni bir sorunla birlikte geliyor. ASUS, son zamanlarda tanıttığı Intel Z890 anakartlarının Windows 11 24H2...

Spread the love <3
Nis
24
2024
0
Elon Musk and Australian PM row over stabbing video: What&#039;s going on?

Elon Musk and Australian PM row over stabbing video: What's going on?

Australia’s prime minister said Elon Musk is an “arrogant billionaire who thinks he is above the law” over his reluctance...

Spread the love <3
Haz
06
2024
0

Xbox Games Showcase yaklaşıyor! Neler bekliyoruz?

Xbox Games Showcase etkinliği, oyun dünyasında büyük bir merakla bekleniyor. Bu yılki etkinlikte, yeni Xbox oyunlarının güncellemelerinin yanı sıra, yepyeni...

Spread the love <3
Mar
03
2024
11
Aston Martin’den radikal karar! Üretimi bırakıyor mu?

Aston Martin’den radikal karar! Üretimi bırakıyor mu?

Aston Martin, şirket içerisinde önemli operasyonel değişikliklere gidiyor. Lagonda ismini yeniden canlandırmayı ve ayrı bir marka olarak sunmayı planlayan üretici,...

Spread the love <3
Whatsapp İletişim
Merhaba,
Size nasıl yardımcı olabilirim ?