4 ms·
While $1B is certainly a lot of money this is the first time (in a long time) I would have rather seen the founder not sell. Musically has a very unique approac
by philfrasty 9y ago
While $1B is certainly a lot of money this is the first time (in a long time) I would have rather seen the founder not sell. Musically has a very unique approach to encourage and enable users to create content that I have not seen on any other platform (challenges, smooth video creation process, etc). While I am certainly not in the target demographic I am sure we will see this approach in future (video)content platforms.
- gkanai 9y ago> I would have rather seen the founder not sell. You're not in his shoes. He has investors that probably pushed him to sell when they all saw that growth had plateaued. Selling gives the founders and investors all 'wins.' Once they took VC money, their future was either sale, IPO or bankruptcy, so the sale was the logical choice.
- KaoruAoiShiho 9y agoMusically seems very very hard to monetize to me.