Social Networks for Elite Adopt Paid, Subscription Models

If you attended Subscription Site Summit, you got to hear David Chun speak about Equilar Atlas — a paid social network for CEOs and senior executives. But Chun is not alone, as more and more social networks and membership sites adopt a paid, country-club model. The latest is ASmallWorld, which positions itself as an “international community of culturally influential people.” The site is charging €85 a year for invitation-only memberships. Previously, the site tried to be free,…

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