(+ why Facebook, Google, & Apple will own your wallet by 2015)
This might be a bit of a ramble-rant, but there are many moments of brilliance in here. At the same time, I think a lot of this stuff is simply common sense. The whole, venture-funded-we’re-not-really-sure-how-we-make-money-and-sure-as-hell-hope-Google-buys-us-model never made sense to me.
Bonus: “Newsflash folks: The Internet does NOT want to be FREE… It wants to GET PAID on Fucking Friday, just like everybody else on the damn planet.”
(via Spencer Fry)
Surprise, surprise… most people don’t like to pay you squat unless they have no other choice. And aside from the user’s disinclination to pull out their wallet, there’s also the problem of wallet friction itself — payment conversion is shitty for many reasons other than just price. Mainly it’s because we can’t remember our password. I’ll repeat that about a million times in this post so you don’t forget.
WE. CAN’T. REMEMBER. PASSWORDS.
Dave McClure, Subscriptions are the New BLACK.