The physical locations that survive this extended pause will likely reopen with a focus on high-touch clienteling and luxury service, where shop visits are appointment-only (or tightly controlled and restricted) and oriented around consumer experience rather than pure sales.
Poparazzi seems to lack any of the hallmarks of anything lasting. There is nothing new to the mode, nothing that cannot be done elsewhere, nothing truly unique or interesting. Restricting what you can do in a social network works with the length of a video, but it doesn’t really work with photos. It’s just another app that will be gone in a few mon... See more
Every few years within the consumer ecosystem, new waves of distribution open. Businesses experiment with and exploit these emerging distribution channels, and then these avenues of growth become crowded and far less attractive for new entrants.
You can join a Zoom with a link, but a company basically needs to onboard all of its employees if it wants to use Slack to communicate. Plus, Slack is mainly a B2B product, while Zoom serves (and counts in its 300 million figure) both B2B and B2C. As a result, Slack’s growth has been excellent but not as eye-popping as Zoom’s.
PayPal is rumored to be in advanced discussions to acquire Pinterest, the social media platform constructed around image sharing, at a price of $45BN. If the deal is consummated, it will be the highest-priced consumer internet acquisition of the last decade.