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Post on Medial

Santhosh Gandhi

Stealth • 8m

What is the Eye-Opening Business Insight that you came to know Recently?

Ck

Stealth • 8m

Solve a bigger problem to make big money

Anonymous 3

Stealth • 8m

I think that works in certain cases but if your idea is a social media app,then in that case you ain't really solving a problem, you would still make big money if your app is good.

Ck

Stealth • 8m

Exactly, meta and instagram solved big Problems, and then tiktok(but many companies after banning of tiktok rise up but none of them made it big, even if its social media the problem has to be big and a differentiator, and how many social media apps

Pramodh

Stealth • 8m

See first of all social networks are very tough to build and the second issue developers face is scalability. I think these are the two predominant reasons why we do not hear of much social media apps but once people figure out a way to tackle these

Ck

Stealth • 8m

Well then we have to wait and see what is the next big thing, Everyone thought bereal would be the next instagram, lets wait and watch.

Pramodh

Stealth • 8m

I think anonymous social media apps could workout big.Whats your take on this?

1 replies

Replies (1)

Ck

Stealth • 8m

Not really, askfm has been since long time, we have seen clubhouse , i think these all could have been supplementary Features than jus one app, my understanding with long lasting business of any sort is not to reinvent the wheel,understanding human behaviour And Psychology is the best I feel for any business since civilization till now, yes generations change, may be genz is more fond of such apps but given their Reducing attention span I dont think they jump ships very quickly, the novelty of them yes earlier we used to have confession pages in fb, now its make a dummy account on insta and express, again when there is anonymity and with rise of ai you just never know if its just a bot, making human connections will be much tougher, also the bullying and risk to children and all other sort of concerns are anyway there, snapchat tried it but had to block them, again its an everchanging world, either there will be too many of these which will loose authenticity or one master player.

1 replies

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