nielliesmons on Nostr: That kind of business model doesn't work in high competition markets: ...

That kind of business model doesn't work in high competition markets:
nostr:naddr1qvzqqqr4gupzp22rfmsktmgpk2rtan7zwu00zuzax5maq5dnsu5g3xxvqr2u3pd7qqghxatzwd3hy6tsw35k7mn5v4shyucfw4z8l

There aren't many devs here that have experience with monetization in very open, competitive markets. Most either have zero entrepreneurial background and/or come from some kind of SaaS model.

Damus' model sounds like they're starting a bar:
- where the beer is free, but it's a mix of all kinds of beer (of which 90% is straight up ~~piss~~ Heineken)
- where you can stay for max 3 hours
- where some people pay a monthly fee for staying longer and access to some backroom

This, in a street where you have millions of other bars:
- that all cater to their own very specific beer-lover audiences
- that are paid, but beat anything else in terms of price-quality
- that can change their pricing any second to adapt to the volatile market forces in the industry
- where customers are treated as part of the value add of the bar