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RE: What Do Investors Look For and Why Do They Invest? How Does Steemit Relate?

in #economics8 years ago

Resteeming, hopefully to get the conversation going :)!

So to answer the question on my side.

If an organization wants to attract investors, doesn't a product or service need to attract investors?

The product would be STEEM and the services would be the applications/services on the blockchain, the Steemit, all the apps, the quick transactions, the "censorship proof" of the platform.

What is Steemit creating and selling that is the potential for revenue generation?

Meaningful interactions, social interactions, a constant flow of information in a way, because the pot is distributed daily and every day people are incentivised to produce and distribute content. A stable place of growth maybe, just maybe for the future :)

Does Steemit currently attract investors? Why or why not?

I'm not sure if it does, I wouldn't think so. People here should be "underground" and "fringe" thinkers and believers. Because only such can find and adapt to a new platform like thins one. I would argue investment would come from supporters of such ideologies as, "anarchism", "volunteerism",etc..

And that is why others might not invest, not mainstream enough as @kristy1 has said once :D, if you can buy boats and hookers with it, it's mainstream :D.

I would argue, we need to flesh out our "business" plan and soon because others might outpace us. The strong pieces here are the blockchain and the currency, the site is lacking compared to other apps, like Discord and mainstream applications, YouTube, Facebook, LinkedIn, Twitter, .. but we have the added benefit of the free thinking people and the extra layer of many entrepreneurs and developers.

So work on the strong suits, maybe use them to build on top like people are doing already :), cloud for hosting, radio, maybe even video hosting, .. apps .. initiatives ..

Cheers ! !

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Thanks for the thoughtful feedback, appreciated.

Oh no worries, I wish we could get going with some of those ideas. Start experimenting here and working together. I kind of don't like the fact most of the people here aren't sure what they are doing, what is going on, where the "money" is coming from and are just waiting and whining there is not enough to go around, while they chase some Status Quo and wait for their approval, in liquid Steem :D.

Everyone that has succeeded has either taken the initiative or has found his niche where he is king.

Stil while things are great on the surface, if you dig deep you will see the rotten and spoiled parts.

I for one lack the "connection" needed to work with others, "resources" need to be distributed over other apps, so Discord or the chat, still it moves you away from the main point. There isn't a valid way to be updated on others, unless you spend the extra amounts of time required.

And there seems to be a disconnect, from what things were 4-5 months ago when I joined and now when things are flowing more. More content, less exposure, and less talks. Less bigger topics being thrown around. I understand everything needs it's time and has its moment, but still.

The only place people gather on is some trending post or upcoming changes and even then, the paradigm doesn't change, people continue walking the way they are going, where is the Steem :D, Who cares is what I'm asking :D , starting to go on a rant here sorry :)

Good evening, thanks for the informative posts.