Dan Romero
@dwr.eth
Posit: there hasnโt been a sustained break out social app not funded by a big tech company since Snap?
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Spencer
@spencermarell.eth
What candidates come to mind from each of the following buckets? 1. Funded by big tech and sustained 2. Not big tech funded, fizzled out
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Michael Pfister
@pfista
Do you think that Retro is gonna make it?
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Dan Romero
@dwr.eth
Retro is beautiful and fun. Feels hard to hit venture scale though before Instagram clones 80% of the value.
2 replies
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Michael Pfister
@pfista
I feel like weโre seeing a new wave of intimate social apps that will have different biz models and incentives. Network effects will play out completely differently than they did with Big Social, because intimiate social only needs small dense social graphs. Pockets of small communities, say <50 people per group
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Michael Pfister
@pfista
They will reach scale, but in a different way. Closer to how messenging apps like WhatsApp/Telegram reached scale. Itโs mostly self forming private groups that allow for safe private sharing of intimate moments.
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Michael Pfister
@pfista
I donโt know if I see Instagram moving in this direction. Big Social needs eyeballs for ads. Intimate Social needs features that lead to connection people would be willing to pay for through subscription. I donโt know if I see Instagram going paid subscriptions for private network feeds.
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Mr. Wildenfree ๐บ๐ต๐ต
@mrwildenfree
Really enjoying this discussion & love the ideation around โIntimate Social platformsโ. Do you think that decentralized protocols will be the only aspect that weaves these siloed communities together? I like to look at it like that example of a bunch of overlapping Venn diagrams.
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Michael Pfister
@pfista
I donโt think itโll be only decentralized protocols. Itโs more about monetization strategies and the particular product UX/ how open a particular network is. Default private networks today are primarily messaging apps. What would it look like to have default private instagram (retro), or tik tok
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