I would.
Ads are a lazy way to make money. It works for FB & Google because they can focus all efforts on making the best product. But this was an era before ad blockers.
Ads pay badly and also significantly drop user experience if done to a certain extent.
When we did a recipe app, it was a conscious decision not to use ads. If we had recipes, the only fitting ads are food related, not dating related, not car related. Anything other than food would be dishonest to advertise.
So instead of advertising food, we skipped the middle man and sold ingredients directly. As we had a niche (keto recipes), the sold product was also a niche of keto alternative ingredients.
My partner later did a different startup, focusing on a football blog. They tried ads, but it was terrible; made about $300 for millions of pageviews. Sponsored articles, e.g. for football injuries recommending a product, would pay several times more. This is also advertising but more precise, and gave the sponsor a huge SEO boost for exactly the thing they were selling. The company eventually landed a deal with a sports supplier which made up a big portion of their revenue.