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by dkersten 2151 days ago
> it is here to stay

That's what I heard about plenty of social platforms like this. Everyone thought Vine was here to stay too. Everyone thought Myspace was here to stay. Snapchat was huge at one point and now I no longer know anybody who still uses it. Maybe it will be like Facebook, but there's a big chance it won't. It's huge now, but its still relatively niche appeal in the grand scheme of tings. These things appear to be fickle. We will see.

4 comments

Just because you don't know anyone that uses Snapchat doesn't make that an authoritative source on popularity of a company. Snap's user base has grown consistently and show's no signs of slowing down, even against increase competition in the space (https://www.statista.com/statistics/545967/snapchat-app-dau/). TikTok is the "Vine replacement" since Vine was bought by Twitter and shutdown. Vine wasn't a "fad" that faded away, it was actively shutdown by its parent company, likely would still exist to this day in a non-insignificant way had that not happen.
SnapChat still isn't profitable. After these years they still haven't figured out how to best monetize their platform are are sustained by their IPO money.

Vine was absurdly popular but couldn't figure out how to monetize short-form video content. I don't see how TikTok is going to overcome these same challenges.

Even YouTube had a long and slow road to profitability. Video is hard.

Well, I used to know many people who used it and they have all stopped. I wasn’t basing it on “I don’t know anyone who uses it” but rather “everyone I know who used I no longer does”.
Why did twitter shut it down?
They never monetized it despite Vine getting people to join Twitter.
> Everyone thought Vine was here to stay too.

Vine was loved and was shut down by a part time CEO.

> Snapchat was huge at one point and now I no longer know anybody who still uses it.

People under 25 still love and use snapchat.

Tiktok has 80 million MAUs, and is becoming the tool of cultural influence in the same way the Instagram did. I wouldn't underestimate the staying power of tiktok.

> Vine was loved and was shut down by a part time CEO.

Yep. Then the community moved to Musical.ly, then to TikTok. Although the company is gone, Vine is still around in spirit. And I think the same applies to TikTok, too

They are fickle sort of like a Hurricane. Feels like over the last 20 year we have learnt how to scale things up quick i.e. spin up a hurricane.

What the hurricane does after its created or whether its controllable at all no one really knows. Making room for the type of characters who will claim they can control hurricanes. Expect these people to show up and disappear as these hurricanes spin up and fizzle out.

That said, I just hope figuring out whether hurricanes can be controlled doesn't take too many more years, and happens without too many more unpredictable side effects.

> Maybe it will be like Facebook

Speaking about Facebook the website (separate from Instagram and WhatsApp), I'd give it 50/50 odds that a major decline in market position will start by 2030. If it doesn't happen, it will be attributed to very strategic leadership.

In 2030?

I'd be surprised if aws was around.

If a new phone os didn't take over (at least on the android side)

I'd be surprised if the web wasn't still powered by php

I would be surprised to see rss version 23 make a come back.