article thumbnail

Every Online User Platform Needs Revenue To Survive

Startup Professionals Musings

A question that I still hear debated often is whether a new online platform startup growth strategy should focus on user count or profits. Of course, growth is implied in that equation, and is also required for maintaining a sustainable competitive advantage. Even the popular Snapchat is still struggling to generate revenue and profit.

Platform 118
article thumbnail

Introducing Trust, and the Importance of Product-Founder Fit

Both Sides of the Table

Digital advertising spend is projected to grow 25% this year to $191 billion, and Google (69%), Facebook (59%), Snapchat (116%) and Twitter (87%) all just reported rapid growth in their year over year advertising revenues. no surprise?—?that’s that’s where the customers are. For these companies, it looks like a rosy picture.

Product 424
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Reasons Earned Social Engagement Surpasses Paid Ads

Startup Professionals Musings

They are going to Instagram, TikTok, WhatsApp, and Snapchat. by 15 million users since 2017, as young people ages 12 to 17 migrate to Snapchat and Instagram. Don’t connect the latest platform, which may be transient, with the larger phenomenon of digitally enabled social conversations. That won’t build any competitive advantage.

article thumbnail

6 Ways The Business Social Media Players Are Changing

Startup Professionals Musings

They are going to Instagram, Tumblr, Pinterest, and Snapchat. Snapchat is currently the fastest growing social network, while Instagram is close behind with a bigger share globally of new sign-ups. by 15 million users since 2017, as young people ages 12 to 17 migrate to Snapchat and Instagram. When the glass is only.04%

article thumbnail

6 Insights On Social Media Trends You Need To Know

Startup Professionals Musings

They are going to Instagram, Tumblr, Pinterest, and Snapchat. Snapchat is currently the fastest growing social network, while Instagram is close behind with a bigger share globally of new sign-ups. in 2017, as young people ages 12 to 17 migrate to Snapchat and Instagram. That won’t build any competitive advantage.

article thumbnail

Interview with Jordan Glazier, Wildfire Systems

socalTECH

And, if you're a social platform, is there a way to monetize all that activity happening on your service? Jordan Glazier: Wildfire has developed a platform for monetizing social messaging. At the same time, there's not that intensity of competition for engineers as in Silicon Valley. Wildlink is backed by Mucker Capital.

San Diego 159
article thumbnail

Is Your Use Of Social Media For Marketing Working?

Startup Professionals Musings

They are going to Instagram, Tumblr, Pinterest, and Snapchat. In 2014 Tumblr overtook Instagram as fastest-growing social platform, and Snapchat is the fastest-growing mobile app, driven largely by Millennials and teens. You can do so using conversation platforms like forums, Facebook groups or build something yourself.