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Snapchat raised a couple million or so and I'm still not sure how a billion-dollar self-destruct sexting app can be monetized "that much". There is an importan
by phantom_oracle 12y ago
Snapchat raised a couple million or so and I'm still not sure how a billion-dollar self-destruct sexting app can be monetized "that much".
There is an important rule if you are outside of funding circles or solid networks where rich folks can throw cheap money at you, and that is to only raise capital if you need it.
5K is nothing right now, although if you come back in a year and say you have 50K and they spend an hour each day, everday on the app, then you can easily monetize through paid-content and/or ads.
Think wisely before you make a move for investor cash.