Facebook is not forever. Who will be next?
Platforms that are based on a “follower” model such as Twitter Inc.and Facebook Inc.’s Instagram are worn out, said Alexis Ohanian, co-founder of Reddit and managing partner at Initialized Capital. The world is now at “peak social,” he said.
“We’ve reached a point where we were inundated and saturated by this model,” he said. “People are recoiling from this and looking to go back to communities or groups.”