The Hipsters are a Billion Dollar Industry

Post by DavidZhangToGo » Thu, Mar 29, 2012, 8:00 AM UTC

joelrunyon wrote: post #19

nickheer wrote: post #12

> What do Path, Hipstamatic, Highlight, Hipster (yes, that’s an app), and Color have in common? They create absolutely nothing of value. The post begins with and relies upon this faulty premise. This is not explained, and I would argue that Hipstamatic and Path do create value for the users. The latter allows me to socialize with people in a more private manner, while the former takes photos, values in of themselves.…

> What do Path, Hipstamatic, Highlight, Hipster (yes, that’s an app), and Color have in common? They create absolutely nothing of value. This is like complaining Jersey Shore adds nothing of value to people's lives. Sure, it doesn't, but it's not supposed to. It's entertainment. Just because people are easily entertained and advertisers will pay for those eyeballs, doesn't mean it's not a financially viable business.…

Post by schwa » Thu, Mar 29, 2012, 2:16 PM UTC

joelrunyon wrote: post #3

I think it's a little odd how he chose to pile all those startups together. For example, I think path is a much different animal than the others, and while I agree with his overall point (there are some ridiculous valuations going around), it's more of an angry rant than a critique of the apps themselves.