Breinlinger: Meerkat's rapid growth was unsustainable and crashed post-investment
Josh Breinlinger · 20VC: Why Spray & Pray Investing Is Wrong, Why Data-Informed VC Beats Data Driven VC & What To Look For When Investing In A Marketplace with Josh Breinlinger, Managing Director @ Jackson Square Ventures · Apr 5, 2017 · at 5:32
Josh Breinlinger, Managing Director at Jackson Square Ventures, cites live-streaming app Meerkat as an example of early usage metrics obscuring unsustainable long-term business models.
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“Meerkat is actually one of my favorite examples, which was skyrocketing in terms of usage, but nothing was sustainable about it, and, you know, they got an investment, and it crashed shortly after that”
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