2min chapter

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: Instagram CEO, Adam Mosseri on Threads: The Journey from 0-100M Users; What Worked, What Didn't and the Plans Ahead | Instagram: Biggest Mistakes, Successes, Misconceptions, TikTok Competition & The Future of Social Media; Interest Graph or Friend G

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

CHAPTER

The Pros and Cons of Easy Rails

I think we're growing the fastest of the big players, but it's very hard. You can't just make something as good as the competition. You have to make something that's better because why would I bother switching? We for a long time had a strong bias towards showing people things that we were pretty confident they would like. But this was all pre-COVID-19. If we had a solid foundation before everyone was at home and just spending a whole bunch of time on their phones, the whole trajectory of the app would have been completely different.

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