TikTok-funded Oxford Economics study of 1K US SMBs and 7.5K users: in 2023, TikTok drove $14.7B in SMB revenue, added $24.2B to US GDP, and supported 224K+ jobs
Taylor Lorenz / Washington Post :
Meta closes down 26%, erasing ~$250B from its market cap, the biggest single-day loss in market value for a US company, after weak Q4 results and Q1 guidance
the second-biggest drop ever Steve Muchoki / Coinspeaker : FB Stock Dips Over 26% after Meta Forecasts Weaker than Expected Earnings Jody Serrano / Gizmodo : Snap Up, Zuck Down — Snap earned a profi...
Mark Zuckerberg says Facebook will pay $1B to creators by the end of 2022; creators can earn money using Instagram or Facebook tools or by hitting milestones
Taylor Lorenz / New York Times :
Clubhouse raises Series B led by a16z, says it has 180+ investors, and will test options for paying creators and begin work on an Android app soon
When I first met Paul Davison, it took about 10 seconds to realize … Tae Kim / Bloomberg : Forget TikTok. Clubhouse Is Social Media's Next Star. Darrell Etherington / TechCrunch : Clubhouse announces ...
Sources: VCs have approached Clubhouse about investing in its next round at ~$1B valuation, a 10X increase from the previous round; a16z is expected to lead
The race to invest in social audio app Clubhouse is on again. Venture capital firms have approached the startup's founders … Tweets: @alexeheath , @alecstapp , @benedictevans , @basti , @wongmjane , ...
Sources: VCs have approached Clubhouse about investing in its next round at ~$1B valuation, a 10X increase from the previous round; a16z is expected to lead
The race to invest in social audio app Clubhouse is on again. Venture capital firms have approached the startup's founders … Tweets: @alexeheath , @jenniferm_q , @rainygay1 , @kantrowitz , @dolarvalu...
As Snapchat starts competing with TikTok via its Spotlight program, some creators begin earning small fortunes and look for ways to expand
Top performers are raking in cash, as the company seeks to compete against TikTok and similar platforms. — In late November, Cam Casey … Tweets: @richlightshed , @taylorlorenz , @kevinbparry , @yung...
A look at startups like Cameo and Karat, which are building services for creators and influencers, as VCs bet on a now established part of the digital economy
Why 2020 will be a ‘watershed year’ for the creator economy — Danielle Bernstein is just 27 years old, but she's been running her own business for 10 years. Tweets: @kateclarktweets , @benjeffriess ...