Idka is the new Facebook from Sweden with subscription as a business model

Idka is a new project from Sweden that aims to speculate the lack of privacy and business as selling users data model of social networks such as Facebook.

So, from start Idka will be a subscription business that will provide a social network which is a combination of Facebook, Dropbox, Flickr and Slack.

The company, founded by Goran Wågström and Bjørn Stormorken, recently raised SEK 20m for starting off the ground, and currently provides access to its product via a waiting list.