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Boneyard tales

Boneyard tales

MediaLab and the end of an era

James Hennessy
Sep 28, 2021
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The Terminal
The Terminal
Boneyard tales
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Here’s how internet companies make money, in very simple terms.

A company will build a platform with a novel purpose or unique features which it believes will attract a userbase. The core product will be offered either for free (as with Facebook or Twitter) or at a heavily subsidised rate (as with Uber). To grow and support its expanding user-base, the …

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