Passion Economy: How to Organically Grow While Maintaining Paid Groups

Written by lijin | Published 2020/06/29
Tech Story Tags: passion-economy | marketplace | vc | li-jin | hackernoon-top-story | startups | venture-capital | business

TLDR In the next few years, we’ll see more large communities moving off major social platforms where they originated + setting up their own independent properties. The Woolfer, a FB group for women over 40 with 30K members, moved to a paid app/website. The reason? “This is a volunteer-run organization that has gotten too big, and we can’t sustain it anymore unless we make money” (h/t @juliey4’s great thread)via the TL;DR App

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Written by lijin | I am a founder and Managing Partner at Atelier, an early-stage VC firm.
Published by HackerNoon on 2020/06/29