Mark Zuckerberg says Threads now has over 30M signups, up from 10M within seven hours of launch, 5M in four hours, and 2M in two hours
what you need to know Tyler Lee / Phandroid : Twitter should be worried as Threads racks up 30 million sign ups in less than 24 hours Livemint : Elon Musk hits out at Zuckerberg as Threads seems ‘Thre...
Gumroad's CEO on the company's first 10 years, competitors like Patreon and Substack, the rise of the creator economy, and how app store “taxes” stifle growth
When you visit Gumroad's website, one of the first things you see is a simple promise. — “Gumroad makes it possible for you to: Escape your 9-5 desk job. Tweets: @efeng , @griffingranberg , @benedic...
In 2020, 60% to 70% of 9-year-old YouTuber Ryan Kaji's $30M annual revenue came from merchandise licensing deals, passing YouTube ad revenue for the first time
Bloomberg : Tweets: @efeng , @business , @grady_booch , @business , and @lucas_shaw See also Mediagazer Tweets: Eric Feng / @efeng : “The most successful YouTube operations see ad revenue as a dimini...
Stories as a media format won over all social media platforms as they are a perfect compromise of ease of creation and the richness of narrative
On September 23rd, Pinterest officially launched a new feature called Story Pins to make it easier for Pinterest creators to “share their talent, passions and creativity”. Tweets: @efeng Tweets: Eric ...
Tyler “Ninja” Blevins, who left Twitch for an exclusive deal with Mixer in August 2019, is back on Twitch, exclusively, in a multiyear deal with the site
for real this time Nathan Grayson / Kotaku : Ninja Is Back Exclusively On Twitch Tweets: Eric Feng / @efeng : I can't help but wonder why didn't @Ninja just launch https://ninja.gg/ and go direct to h...
Chicago-based food delivery service Chowbus, which connects diners with Asian restaurants in over 20 cities in North America, raises $33M Series A
FinSMEs : Tweets: @efeng Tweets: Eric Feng / @efeng : Between @ChowbusOfficial, @isayweee, @Yamibuy, and more, love seeing more entrepreneurs building for the extended Asian American community who ar...
VC-backed consumer startups are outperforming enterprise startups at IPOs in this decade, going public more often at higher valuations, compared to the 2000s
On May 10th, ride hailing juggernaut Uber Technologies went public raising $8.1 billion at an initial valuation just over $75 billion. Tweets: @efeng , @gavinsbaker , and @efeng Tweets: Eric Feng / @e...
VC-backed consumer startups are outperforming enterprise startups at IPOs in this decade, going public more often at higher valuations, compared to the 2000s
On May 10th, ride hailing juggernaut Uber Technologies went public raising $8.1 billion at an initial valuation just over $75 billion. Tweets: @gavinsbaker and @efeng Tweets: Gavin Baker / @gavinsbake...
Analysis: since 2011, 60% of VC funds raised in the US every year have been seed funds; the rate of non-seed funds raised has been stable for the past 15 years
Eric Feng : Tweets: @workmj , @howardlindzon , @shaig , @bznotes , and @cristinagberta Tweets: Michael Jackson / @workmj : “15 years ago, it was about 7 investments made before you got one return. No...