politely disagree. Look into how much it's used and the quality of the art. Every friday I get a push notice about the new bitmojis released. 100 million is great deal.
Yes, but check out Bitmoji. [0] I don't know anyone that uses Bitstrips, but everyone I know uses Bitmoji. And every week they have new ones promoting the latest movies, and it's honestly the main reason I know what movies and shows are out.
While somewhat humorous, I think you all are being a bit harsh. I'm as curmudgeonly as anyone else born in the '70s, but why begrudge a company whose age can be measured in weeks having a tremendous windfall?
It appears a young company launched with a great user experience, and great engagement metrics. They got a premium for that. The deal terms aren't public, but we know it was a mix of cash and equity (probably skewed toward equity).
Didn't the founder of SnapChat turn down a ~$15B+ offer? I think this company will be a major contender in social media.
I used it for 2 days and deleted. No one I know uses it. Maybe hot with the tween crowd?
Instagram makes money because it shows ads. Are people going to buy Pepsi t-shirts for their Bitmoji and make Pepsi money? I don't see the path to money.
I noticed it was mostly people in my generation (mid 30s to mid 40s) who used Bitstrips during its flash in the Facebook pan a couple of years ago. As for Bitmoji, I've never seen that in use myself (in fact, never knew about it until this article) but then I don't text/chat that often outside of IRC and Hangouts.
>> "Instagram makes money because it shows ads. Are people going to buy Pepsi t-shirts for their Bitmoji and make Pepsi money? I don't see the path to money."
Why would Pepsi want you to pay to wear their ads on your character? They pay Bitmoji to create a shirt with 'Pepsi' on it, users wear it and send it to friends, and now they're sending your ad to eachother.
