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Transcript

  • 1. David Cannons
  • 2. App Description ● 6 second looping video ● Android, iOS and Windows ● Followers, likes, revines and comments https://vine.co/v/hwUDeawFzxL https://vine.co/v/h1HwMFwhWul https://vine.co/v/b1maztKQguh
  • 3. Financial Info ● ● ● ● Seed investment from RRE Ventures Bought pre-launch by Twitter Deal reported at 30 Million Twitter looking to monetize
  • 4. History ● Founded June 2012 by Dom Hofmann, Rus Yusupov and Colin Kroll ● Acquired by Twitter October 2012 ● Debuted January 2013 for iOS ● Android in June 2013 ● Most-downloaded free app iOS April 9th
  • 5. What’s Hot ● ● ● ● Windows phone app Nov. 21 launched in 19 new languages Hit 40 million users in August Front facing camera (selfies!)
  • 6. Secret Sauce ● ● ● ● Ease of use Length of time Loop Hilarious
  • 7. Story ● Vine backer David Lee showed to Twitter cofounder Jack Dorsey ● Hoping to get advice on design ● Dorsey loved it ● Convinced Dick Costello to approve purchase
  • 8. Competition
  • 9. Competition
  • 10. Prediction ● ● ● ● Tough to predict internet fads Instagram is pets, food, babies and nature Vine has “stars”, comedy and head start Success
  • 11. Questions?