mee-z Tumblelog

A must read:

Chris and Malcolm are both wrong

“Services are not offered for free at all. There is an exchange of value between users, the creators of the raw material - data, content, and meta-data, and the network where that data is converted into insight. This exchange is still governed by the basic laws of economics but the currency is not dollars, it’s attention.”
Brad Burnham, Union Square Ventures

via: fred-wilson:

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