So they're acquiring 10-20K broke users a day? So acquisition is the only way this company stays alive..
So they're acquiring 10-20K broke users a day? So acquisition is the only way this company stays alive..
Sidenote: how do teens spend money online nowadays? When I was < 18 I used a paypal account + credit card in my parent's name. Have technologies like Bitcoin changed payment patterns amongst the teen demographic?
That business model is broke, just like the students.
Another possibility the users could have a data plan but prefer not to use it/ are out of data for the month. My much younger siblings on my father's plan are limited to a portion of the data plan (enforced by verizon plan options) and once they go over that they can't get data anymore.
But that won't happen. They'll continue to play imaginary company, acquiring a heavier and heavier daily burden of seemingly broke users.