
#187 - How Vending Machines are Generating Millions, The Next Big Social App & Ghost Kitchens For Gifts
My First Million
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The Rise and Fall of Social Apps: A Focus on Paparazzi
This chapter explores the rapid success of the social app Paparazzi, which gained over 10 million downloads in just a month by offering users a unique way to share candid images taken by friends. The discussion reflects on the volatile nature of social media trends, comparing Paparazzi to previous fads and emphasizing the unpredictability of app success. It highlights the high stakes and risks of launching social media ventures, likening the entrepreneurial landscape to a gamble with the potential for massive rewards.
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