Q&A – Investment-Startup- Part Five
Welcome to the fifth installment of Q&A with a startup facing investors
In this installment, we discuss investing in social networks!
Q&A - Investment - Startup - Part 5 - Social Network
◾️#Question
Could you explain a bit about the social network you've designed and what similarities it has with other social networks?
🔹#Answer
Every #social_network functions differently
But many social networks work similarly
For example, you can find many similarities between Facebook and Instagram
Or social networks designed for group communication and... such as #WhatsApp
and #Viber
These networks are different but have similar functions
Between these, you see different functions between #WhatsApp and #Instagram
The social network we have designed differs significantly in terms of communication method, function, algorithm, and structure from the types of social networks I mentioned
◾️#Question
Can you give an example that we can compare your social network to?
🔹#Answer
We previously explained that the analyzed social network has a different structure from many networks and has no similarities
◾️#Question
What is your estimate of this social network's popularity in the future?
🔹#Answer
According to our understanding and analysis of the market
and the performance and appeal of the analyzed social network
If everything is done with excellent or good strength
For example, marketing, programming, support, competition between companies and...
We estimate
In the first two years, we will attract close to 50 million users, and in the following two years, this number will reach 200 million users
◾️#Question
What is your estimate of this social network's value in the future?
🔹#Answer
Until the software enters the #market, nothing is certain
and it is natural that it will face different challenges as soon as it enters
So one should have a realistic perspective
and nothing is predictable unless a strong and #professional team at all times and with strength guides the work forward
But if this system can attract the desired number of users
it will have a value similar to prominent world social networks