Investors in anti-Facebook startup have no idea how it will make money
Cyrus Farivar, for Ars Technica:
The company’s founders and investors also published a one-page document in which they declared:
- Ello must never make money from selling ads
- Ello must never make money from selling user data
- In the event that Ello is ever sold, the new owners would also have to comply by these terms
So how is Ello going to make money? Even its investors don’t know.
I’ve got a hat ready to eat in case Ello lasts more than a year.