๐Ÿš€ Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. ๐Ÿ”ฅ
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Havish Gupta

Figuring Outย โ€ขย 3m

How $1 Billion Mobile Project Failed? So, In 2010, Microsoft came up with a very weird but interesting idea! And that was to create a social media-focused phone for ages 15โ€“30. To make this phone, they acquired Danger for $500M and spent another $500 million on R&D and marketing. In total, after spending $1 billion, they introduced a phone where the home screen was just an aggregated feed with posts from popular social media apps, option to share images and listen to music. And that was it. It had no app store, no Google, Nothing! It was Just a phone for using social media, priced at $50 with a compulsory $40 monthly data subscription. And ig you would have guessed what happened to it. Tho it was cheap to buy, it was almost Useless and that's why it failed. Later they reduced their prices even further but even that didn't helped.

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Why India don't have it's own self developed, sustainable and successful Social Network Platform? Why Koo or any such Indian social media platform failed?

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would you guys think it will be cooler to have a social media build by a Genz Enterpreneur for all gens , A most interactive and organised social media ever created . ?

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Anonymous
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Anonymous

Hey I am on Medialย โ€ขย 7m

Most of the apps, Series A lene k baad pata chalte hai. which means - failed product. Failed at marketing. Which means no one is talking about your product. It didn't create any stirr. Especially in social media category.

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