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Kendrick Nguyen: Financial Community, Learn By Doing, & Private Market Investing | The Really Rich Podcast - Ep.16
The Really Rich Podcast with Nicholas Crown
The Breaking Point of Social Media
The volume of impressions on social media is driven by professional content creators. In the long form, okay, we get a little value back, but in the short form we get 1% of value back. That is problematic for the longevity of the industry because it's unbelievable. And I think one, I'm sure there will be other platforms if the existing platforms don't change the business model to make it more compelling.
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