Twitters stock has taken quite a hit over the past couple years. It had a high of $69, but now is down to just scraping on $20. Recently, Twitter announced it’s killing the mobile app Vine. And, as a result, a lot of potential video content. Now, lets take a look at some stats.
What does this tell us? It screams that Twitter may be making a huge mistake. Not to mention Rus Yusupov and Dom Hofmann, founders of Vine, wished they never sold the company.
Let me give you some hope. Video apps are still being created. Here is some info on a new video/photography startup that is bringing it back: Pie. Pie is an app that allows you to make and watch 360 videos with your phone. Their popularity is rising, as currently Pie is at the top of Product Hunts Tech list. So obviously, people still love video and want video. Did Twitter make a huge mistake?
By: Erica Amatori | Instagram & Twitter: @ericaamatori