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Social Apps

topic on 2 shows · 3 statements across 3 episodes

My First Million 20VC

3 statements about Social Apps, every show

MY FIRST MILLION Insight
Puri: Consumer social apps require roughly 100 million users to succeed
“Four million is a big number, but a social app needs like a hundred million.”
Shaan Puri Nov 19, 2025 ▶ 13:15 I Failed 12 Times Before Making My First Million (Here's Every Failure)
MY FIRST MILLION Insight
Parr: Venture scale is nearly impossible with $100 annual ARPU social apps
“When you just do the math, getting to venture size scale companies, which I don't know what that is, 50 or a hundred million in revenue, something like that, or a nine figure exit. It's very, very, very, very, very hard when you're only making a hundred dollar…”
Sam Parr Apr 29, 2023 ▶ 41:01 Stanford Students Pitch Us Their Startups | $3500 Prize Money (#449)
20VC Insight
Systrom: Every successful social app begins as a utility before scaling
“Every app that is successful in social starts off as a utility, and it becomes a large social behemoth over time.”
Kevin Systrom Feb 22, 2023 ▶ 35:11 Kevin Systrom & Mike Krieger: The Founders of Instagram Reveal their New Project "Artifact" | E981 · 20VC with Harry Stebbings

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