Yik Yak shuts down and sells off engineers for $1M (opens in new tab)

(theverge.com)

4 pointsTideflat8y ago2 comments

2 comments

What is the business model for companies like these? They don't collect data like social media sites so advertisers are not as drawn to them. And moderating the groups is near impossible. What was their end goal here?

Cozumel8y ago

No business model. Just take the funding and run.

j / k navigate · click thread line to collapse

Yik Yak shuts down and sells off engineers for $1M (opens in new tab)

(theverge.com)

4 pointsTideflat8y ago2 comments

2 comments

elmerland8y ago

What is the business model for companies like these? They don't collect data like social media sites so advertisers are not as drawn to them. And moderating the groups is near impossible. What was their end goal here?

Cozumel8y ago

No business model. Just take the funding and run.

j / k navigate · click thread line to collapse