Facebook Is Just an ‘Ad Platform,’ Says CEO of Ad-Free Social Network ‘Ello’

Dan Kedmey

Ello, an ad-free, invitation-only social network, has been dubbed the “anti-Facebook” after its August launch, but even that characterization might be giving Facebook too much credit, according to Ello’s feisty CEO.


“We don’t consider Facebook to be a competitor,” said Paul Budnitz in an interview with Bloomberg Businessweek. “We consider them to be an advertising platform more than a social network.”


That was just the opening shot in a wide ranging interview in which Budnitz opened fire on Facebook’s design, content and ad-based business model. Budnitz says that Ello can turn a profit by selling add-on features directly to a few users.


He claims to have tapped into a wellspring of discontent with Facebook, signing up users at a rate of 50,000 an hour after Ello suddenly skyrocketed in popularity last week. That’s just a drop in bucket compared with Facebook’s 1.3 billion users, but Ello’s CEO insists that he only wants the users who share his team’s vision of what a social network should and should not be. The site requires users to agree to a manifesto that states, “You are not a product.” Those who select “disagree” are redirected to Facebook’s website.


[Bloomberg Businessweek ]






via Business Feeds

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