2 ms·
It is like musical one hit wonders, but for software. Some dumb idea which just hits at the right moment and makes a bunch of money.
by RajT88 8mo ago
It is like musical one hit wonders, but for software.
Some dumb idea which just hits at the right moment and makes a bunch of money.
- fantasizr 8mo agoit's the AI wave of the original viral app store apps like "Yo" and "I am Rich".
- songshu 8mo agoTo this day I swear I want Yo. I’d use it daily.
- tartoran 8mo agoDoes anyone remember the Iphone IFart app that was sold for $1 million?
- zooweemama 8mo agoProbably not because it never happened. They did try to sell it though.
- matsemann 8mo agoThe person that got the top spot for "flashlight" in the app store back in the days made about $600k on it before apple made it a built in function. Just copied existing apps and got lucky. https://www.vg.no/nyheter/i/92ybl/erik-ble-app-millionaer-det-ble-litt-sloesing https://www.vg.no/nyheter/i/92ybl/erik-ble-app-millionaer-de...
- shadowgovt 8mo agoIn this case in particular it looks like an acquihire. Meta just saw two engineers actually execute on the joke about "building Facebook in a weekend" except that it then really took off in its target niche and generated a ton of press. I don't doubt that they're interested in the AI aspect, but I suspect that a significant contributor was that they demonstrated competence right in the middle of Meta's wheelhouse so why not just grab these guys?
- entropicdrifter 8mo agoIt's also part of their longer-term trend of buying or burying any company that starts to get any press as a social media site of note outside of major players where that hasn't been an option.
- Marsymars 8mo agoThis is really it. At Meta's scale, even if it's an long-shot for a competitor to hurt them, it's worth turning those low odds into zero odds.
- alex1138 8mo agoYet Zuck can somehow argue with a straight face FB has competition (apparently they straight up used to delete links to competitors like Google+ at the time, and also the constant copying of Snapchat) and Hacker News can split hairs over trivial definitions like "wdym fb no competition? email exists" or whatever
- ohyoutravel 8mo agoThose “early” ai generated avatars created from you sending in a handful of your own photos. Absolutely printed money, hit right as mildly technical people could use the tech + the tech was developed enough, but before normal people could easily do it.
- pocksuppet 8mo agoIt's not even one hit software. The software is horrible. It's a one hit PR website.