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True Bey166 Points
I just read an article in Tech Crunch about the history of Tinder. Pardon my ignorance, but as a novice in Tech, how does a app company make/earn money when there is no currency being exchanged (excluding paying customers) Are founders and employees getting paychecks from invested money? thanks
Michael Hodges10,826 Points
As Tim said, many use advertising, such as a small clickable banner on the bottom of the app, or popups, etc. Also some of the social apps like that also have two versions - one that is free with advertising, and another "ad free" version; where you pay 99 cents or whatever it is to buy the app, and are not bothered with advertising while using it.