The Ledger
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Lazimi: Houseparty died because major messaging platforms easily copied its core feature
“So at some point, Houseparty was just a feature that those other big platforms could implement. And this is what happened. And this is what killed Houseparty at this time.”
Lazimi: Yubo replaced paid human artists with generative AI for digital assets
“Before Generative AI, we were asking artists to Create those pixels, and we have collection every month with the artists, and now we are using generative AI to create new collection every, every month which is very powerful. We are gaining a lot of time, and w…”
Lazimi: Social Media Shifted to Video Feeds Due to Ad Models
“I think it mainly because of their business model, where they want you to spend as many time as you can watching ads, basically. And so the more you watch content and videos that are interesting for you, the more you will stay on the platform. And this is real…”
Lazimi: Yubo uses Yoti AI facial scans to verify user age
“So, so we are using AI. We have a partner called Yoti that provide a third party API that we are using, and you will enter a date of birth when you sign up, but we want to be sure that you enter the right date of birth. So we are going to scan your face and es…”
Lazimi: Yubo prioritizes active socializing over lasting friendship outcomes
“At some point, we don't really care if you are making new friends and if you end up having a friendship, what we care is that you have conversation with other people and you are socializing with other people.”
Lazimi: Yubo has no influencers and abandoned influencer marketing
“We don't have any influencer on our platform because it won't work for influencers to come on Yubo. And we even tried to bring them at some point to test some marketing channel and user acquisition, but they were of no interest for them to use our platform bec…”
Lazimi: French engineers cost four times less than US engineers
“And we also have the best engineer and they are not expensive. I mean, it's four times less expensive than in the US.”
Lazimi: Yubo Monetizes via In-App Purchases and Subscriptions, Not Ads
“This is exactly. Why we didn't go to the other business model on our side and why we have a very different business model, which is through in-app purchases and subscription.”
Lazimi: Yubo reached 10M signups in year one with 99% teens
“But after a year launching the platform, we reached ten millions of signups and we understood That our target was the generation Z because back in the day, we have 99% of people between 13 to 17.”
Lazimi: 95% of Yubo Rooms Average Four to Five People Speaking
“95% of rooms have only streamers that are speaking together, and it's on average four to five people that are speaking together, exactly like it would be at a festival where people are just discovering each other and speaking as a group.”