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Yo's popularity entirely rides two facts: (1) it's a silly app, (2) it got a million dollars. We currently know nothing about user engagement and retention. I'd
by davidkatz 12y ago
Yo's popularity entirely rides two facts: (1) it's a silly app, (2) it got a million dollars. We currently know nothing about user engagement and retention. I'd be surprised if anyone uses it for more than a few weeks.
- alttab 12y agoIf an app that does nothing and has a half life of 3 weeks can raise $1 million, then the industry has a problem.
- ganeumann 12y agoIt doesn't mean the industry has a problem, it means the people who put the $1 million into the company have a problem.
- LanceJones 12y agoThe hype and funding is based on the HOPE that something will come of it. However, retention is already a problem in Tel Aviv, where the app got its start. As fast as it has risen, it will fall (my prediction, anyway).
- paxtonab 12y agoIf only I hadn't squandered my life savings on beanie-babies I could've invested in Yo before it went public!
- alttab 12y agoI don't even think the screenwriter for Idiocracy could have planned Yo! as a stock symbol.
- benihana 12y agoAnd what problem is that? That people are spending their money in a way you don't like?