At best, social media is an $8/hour future.
Better to work at Chuck E. Cheese for $12/hour plus health. If not drawn to entertainment gigs, you can hack an ice trench for $17/hour!
Medium appears to be following the footsteps of Huffpo, Buzzfeed, Gawker, and etc. It’s a pornographer’s business model — low margins become profitable in extreme bulk. No shame in that strategy. If so, the math speaks like a gasoline fire.
- $1 CPM ($1 for every 1,000 Eyeballs — $1 is generous)
- $52M Investment (some roi expected — or, perhaps not.)
How many eyeballs are required to pay back $52M?