Impressed with musical.ly's speed. They launched Squad just last month.
Unfortunately I'm unable to signup on the app. They might be getting slammed right now.
@rrhoover Why is "speed" always the most impressive attribute above all else and not execution because part of execution is about the plan, it's about the discussions leading up to carrying out something and the intent surrounding development. all I see is a overvalued company worth $500 million that now constantly has to justify it's overvalued existence. Musical.ly is currently and has been churning, every service has a level of churn it's a natural occurrence but others go through a cycle in which they continually offer less and less value as they iterate.
The data shows that this and Squad are their attempts to not simply calm investors down but to build things no one asked for, that offer no value what so ever in an ever increasingly fragmented market for billions of people, only to please investors into giving them a higher valuation next quarter.
We are in a new movement like the industrial revolution where perceived value is actually more valuable than offering real value to real people. I'm reminded of a time in which we simply built things, we didn't think why or how or should we, we simply built them it wasn't until people died, people were severely injured did we coin a term called ergonomics to actually have a discussion not about can we build this but should we and what the true motivations were surrounding all of this.
...tell me I'm wrong!
@nicholassheriff no doubt they have pressures from investors (and themselves) but regardless, shouldn't we support and be open-minded to new ideas? Most new apps/products won't work and some are built an expected shelf-life.
Apps can be entertainment, things we use for a few weeks or months, similar to games, TV, and music. The key is to recognize and acknowledge if you're building something sustainable or not, because that changes everything.
@rrhoover Absolutly Ryan, I guess I was really emphasizing a bit more with my comment... I was shedding light on the valley as a whole ( for the past few decades ) in terms of the billions of dollars in value more than ever going to things with no value and the motivations behind this, things only made ( that have no value ) to literally only inflate one's value. The motivations aren't to add value to the world and experiences and solve problems.
You can build a chair that adds value to the world when I had skin cancer and after 4 surgeries I couldn't even open doors or open a jar I was reminded of those makers who took the situation of a diverse group of people into consideration to define things in the way they were always meant to be.
This was in direct response to a company worth half a billion dollars not stepping up because we tell them not to we literally validate everything they do all of the time without fail.
They pump out magic words we celebrate, they clone we celebrate...and then we write articles about why this place isn't innovating. It's a cycle that we can break, it starts with us also with the same breath we celebrate this actually asking a question.
An honest question one that might have us even look within ourselves and say am I doing enough, but it is important if we are to actually innovate and solve serious problems and add value.
I personally don't believe a company that's hoping to be worth a billion dollars should be excited and interested in toys that can be used for a few weeks or months. That's my personal opinion, I'm focused on seeing things that are in every way especially tied to their motivations built toward sustained value incremental value.
So far I have not seen any of that from musically...building a company off the backs of 13-year-olds the way Tinder has done only after 5 years to then ban your most valuable ( tied to their growth metrics 13-15 was their fastest growing demographic when they were fundraising ) isn't impressive to me or just making some video app just to increase your share price, because in the 90s Ryan this actually happened, public companies would update their website and their stock would go up 3,000% you know this..the dot com bubble has always been here it's been as it always has been tied to the motivations of individuals to cultivate that same rhetoric. It's a dangerous president to society, it says you can do this and become a billionaire overnight, you can not simply add no value you can take value away from the world and everyone even the community that should hold you accountable won't and that it's ok. To those now and those coming before you to follow this lead.
Product Hunt
Castle
Product Hunt
Castle
VC Puzzle