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My go-to example for this is Yik Yak, which raised >$70 million before introducing features that drove their users away. I don't understand how that much money
by aglionby 9y ago
My go-to example for this is Yik Yak, which raised >$70 million before introducing features that drove their users away. I don't understand how that much money could be justified given the feature set of the app, though I'm inevitably underestimating the cost of scaling.
- tudelo 9y agoThey had something good while it lasted. On college campuses, it essentially functioned as an open chatroom for large classes. Of course, most of the fun was at the expense of the professor. That and random trolling.
- dabockster 9y agoBeing connected to every college campus in America with minimal friction? Yeah that's worth $70 million.