Ello Cofounder: ‘We Have NO Exit Strategy’ | | Betabeat

Is it possible that Snow White decides to stay asleep? Can she stay asleep with all the mean dwarfs biting her ankles? Hope is the ultimate resort, they keep saying. Here’s to hoping!

Ello Cofounder: ‘We Have NO Exit Strategy’ | | Betabeat.

Mad Genius Creates Ello, the Elegant Anti-Facebook | Betabeat

Mad Genius Creates Ello, the Elegant Anti-Facebook | Betabeat:

“Here’s the plain truth: social networks that are supported by advertising are built for the advertiser. Facebook, Google+, Tumblr, etc. aren’t really social networks — they’re advertising platforms.  They exist to sell ads. That’s it.” (Paul Budnitz in above linked interview)

Read more at http://betabeat.com/2014/04/would-you-like-your-social-network-to-share-your-content-or-just-monetize-the-bejeesus-out-of-it/#ixzz3EQaCNu6w
Follow us: @betabeat on Twitter | betabeatNYO on Facebook

Wow! This sounds exciting! (And psst: A little birdy just sent me an invite! Thanks, Pete!)