Posts tagged with 'bait and switch'
What happens when Web 2.0 startups founded on principles of openness
and freedom grow up? If we're referring to Facebook and Twitter, the
answer is obvious: get a business model.
Unfortunately, finding a business model and implementing it
successfully can be hard to do, especially when you previously invited
third party developers to your 'open' platform and told them to keep
the change. So it's really no surprise that Facebook and Twitter, which
have collectively raised north of three-quarters of a billion dollars
in financing, are finding it necessary to pull the good old bait and
switch on developers.