Can I ramble for a sec? - by Sari Azout
My son is watching Blippi, which means I’ve got about 20 minutes before he loses it. I do not write well under pressure, but I feel fairly confident rambling about this one thing. The founders of Instagram recently shut down Artifact, the AI news reading app they’d been working on for the past two-ish years. Here’s what they had to say: We have built something that a core group of users love, but we have concluded that the market opportunity isn’t big enough to warrant continued investment in this way. ”The market opportunity isn’t big enough” – for reading? For knowledge? That’s such a cop out. It reminds me of when Airbnb had just a few dozen employees, and Rocket Internet raised $90 million to clone them and failed. This is actually not a fair comparison, because my understanding is Artifact was self-funded, and I can’t think of any one company they were trying to clone, but there’s a broader point I want to make here about how no amount of funding can compete with a genuine interes
My son is watching Blippi, which means I’ve got about 20 minutes before he loses it. I do not write well under pressure, but I feel fairly confident rambling about this one thing. The founders of Instagram recently shut down Artifact, the AI news reading app they’d been working on for the past two-ish years. Here’s what they had to say: We have built something that a core group of users love, but we have concluded that the market opportunity isn’t big enough to warrant continued investment in this way. ”The market opportunity isn’t big enough” – for reading? For knowledge? That’s such a…
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