4 Bets in Consumer Apps - André Woodley Jr.
Here are four bets I am making within consumer markets moving forward. Successful execution such as privacy, user adoption, and technological maturity in another post, let's proceed for now:
I've been working within this space for nearly my entire 14+ years of tech and now it seems like things are catching up to what was being worked on years ago.
We carry our identities online and I believe we will see the merge between our offline and online identity within our physical spaces. 70% of Gen Z share their location compared to only 7% of Millennials. There are more location based apps release, nothing good enough to mention but it's happening. If the past repeats itself there will be a massive shift in this area driven by an older Gen Z driving adoption between younger Gen Z and Millennials, similar to Facebook college driving adoption among the younger and order crowds.
Current major social media platforms will not be able to compete because one they are millennial driven (antiquated), two it's not map/location based as its core - location is only a feature. I think out of the current major social media platforms Snap is best to win. Snapchat's Map is the biggest opportunity right now in this space if Evan can start taking more risks in this area.
