orb_yt
Joined 10 years ago
Joined 10 years ago
Downloads of new mobile applications have been decreasing in growth steadily for years now[0]. Instead, user's spend more time inside their existing applications, particularly messenger applications. Take a look at just a few of their user bases:
- Facebook Messenger - 1.2B+ [1]
- Whatsapp - 1B+ [2]
- Kik - 300m [3]
Considering that writing a single bot that was capable to connecting to all of these platforms was trivial, it gave the developer access to a new and very significant user base.Add to this the fact that Facebook, Google, Microsoft, Slack and others, with a combined market cap in the trillions, were simultaneously contributing to the support of chatbots in one way or another.
It's a classic rendition of the Hype Cycle[4]. We're probably somewhere in the "Trough of Disillusionment", but give it a few years and we'll get to the "Plateau of Productivity", and chatbots will probably make their way to a more useful purpose.
[0]: https://techcrunch.com/2015/09/29/forget-apps-now-the-bots-t... [1]: https://techcrunch.com/2017/04/12/messenger/ [2]: https://www.theverge.com/2016/2/1/10889534/whats-app-1-billi... [3]: https://techcrunch.com/2016/05/11/kik-already-has-over-6000-... [4]:https://en.wikipedia.org/wiki/Hype_cycle#/media/File:Gartner...
Oh the ideas...
No they weren't
> What you're doing right now isn't necessarily the thing you end up doing in the long term.
What sort of opportunities do you think a company like Buglife could focus on?
My original comment was in regards to the well known fact that YC tends to invest in companies that have the opportunity to be billion dollar companies. In fact, it's a known question during interviews[1].
So, my question is what do these founders say when asked this question? What possible paths are there to a billion dollars for this type of company?
I really like developer focused companies like Buglife. However, what path could Buglife take to reach a $1B dollar company?
The post notes that they are currently in 300 apps. I'd assume the majority of these 300 are on a free plan. Let's assume that they hit a growth spurt and end up in 10,000 apps. Let's also assume that every one of those customers is paying for their Premium plan. That works out to a little over $2 million a month in revenue.
Not only that, but there are already very established companies in this space (Fabric/Crashlytics, Firebase, Sentry, etc.). It's also fairly trivial to switch to another provider.
How do companies like this propose they hit that $1B mark?
The only way to open up ADB over a wireless connection is to set the device in tcpip mode on port 5555 and then connect via adb using the device's IP and the mentioned port.
However, adb is not shipped on Android devices (though adbd is). How is it that a malicious device can install an application on another device as claimed by the article?
This isn't true. Android 6.0 introduced runtime permissions, where permissions could be granted in the context of the application. Previously, the permissions still had to be granted, but they were granted before the application was installed.
It's funny, I assumed the same. I then asked a few who used the product, and was surprised to hear praise for Epic. I wonder if the product has actually improved, or if users have simply conceded.
How might they turn their service into a viable business?
[0]: https://www.alphavantage.co [1]: https://iextrading.com