Chapter
How Video Has Become a Mega Trend
06:05 - 20:07 (14:02)
With the rise of social media platforms like TikTok and Instagram, video content has become increasingly popular, even on niche platforms like Vimeo, which recently sold for $8 million. This exemplifies the importance of not underestimating a mega trend and embracing niche markets to stay relevant.
Clips
The rise of video as a dominant form of media consumption has led to niche video uploading sites like Vimeo gaining a following and becoming profitable.
06:05 - 16:52 (10:47)
Summary
The rise of video as a dominant form of media consumption has led to niche video uploading sites like Vimeo gaining a following and becoming profitable. As video continues to be a megatrend, it is important to not underestimate its influence and to embrace niches within the trend.
ChapterHow Video Has Become a Mega Trend
Episode#187 - How Vending Machines are Generating Millions, The Next Big Social App & Ghost Kitchens For Gifts
PodcastMy First Million
This episode discusses a social media platform where users have profiles that only consist of pictures taken by other people, allowing users to accept or decline the photos.
16:52 - 20:07 (03:15)
Summary
This episode discusses a social media platform where users have profiles that only consist of pictures taken by other people, allowing users to accept or decline the photos. The founders declined an offer to be acquired for millions of dollars and as the app gained and lost popularity, with downloads ranging from one million to half a million.