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Holy hell, the app is two weeks old, there are tens of thousands of tweets about it every day, and it has $20 million dollars in the bank. Is this really what w
by austenallred 12y ago
Holy hell, the app is two weeks old, there are tens of thousands of tweets about it every day, and it has $20 million dollars in the bank. Is this really what we're calling "dying" now? Because if so, pretty much every other consumer product since the beginning of time is fucked.
I haven't turned off Meerkap notifications on my phone, mostly out of sheer curiosity, and I am seeing literally hundreds of meerkat streams per day of my followers. Apparently you don't have to be at the top of the chart to get hundreds of thousands of downloads (not to mention the app being featured by the app store).
This is such shitty journalism I can't even stand it. Let's have a substantive discussion about a product, but calling it "dead" is bullshit clickbait and even the author must know it.
- minimaxir 12y agoYou're not exactly impartial when it comes to Meerkat: https://news.ycombinator.com/item?id=9269693 https://news.ycombinator.com/item?id=9269693 The reason companies take venture capital is to facilitate growth. If the company is trending downward three days after funding, especially in the immediate response to a direct competitor, that's a very bad sign, both for the company, and the venture capital firm.
- bigdubs 12y agoSee relevant image of startup lifecycle: http://www.vccafe.com/wp-content/uploads/2012/09/startup-curve.png http://www.vccafe.com/wp-content/uploads/2012/09/startup-cur...
- stathack 12y agoyou can't really call it a trend with just accounting three days worth of data.
- austenallred 12y agoI never claimed to be impartial. I use both apps and have been following them closely. I think Periscope will win some portion of the market, and Meerkat another. Saying that it's screwed right now, while there's still so much excited activity, is still bunk. Almost every app's growth slows after a viral launch. In a few days we'll see Periscope's growth slowing as well. That doesn't mean they all die.
- minimaxir 12y ago"Slow growth" is not the same as negative growth.
- austenallred 12y agoThere are more people downloading the app than deleting it. That is still positive growth. Falling down in the app-store rankings two days after launch is a poor metric to use to determine the future of a company with years of burn still in the bank.
- deleted 12y ago[deleted]
- pron 12y agoWasn't the same true of Secret? Some people living in a certain bubble felt a buzz that just wasn't really there anywhere outside said bubble.