The rise of Facebook and Twitter led many people in 2006-2008 to start or fund multiple social product companies. Many of the entrepreneurs and investors who went all in on social have since shied away from this market. However, a survey of the big winners suggests the pace at which large social networks emerge has not slowed down. Although it is hard to reproduce a success the size of Facebook, many billion dollar social companies have been started more recently. Below is a chart of major products versus the year they launched [1,2].
Social Products
Social Products
Social Products
The rise of Facebook and Twitter led many people in 2006-2008 to start or fund multiple social product companies. Many of the entrepreneurs and investors who went all in on social have since shied away from this market. However, a survey of the big winners suggests the pace at which large social networks emerge has not slowed down. Although it is hard to reproduce a success the size of Facebook, many billion dollar social companies have been started more recently. Below is a chart of major products versus the year they launched [1,2].