Reply To: Is there room for any more social media platforms to take off?

I really hope so because I’ve spent a lot of time and money creating a healthier social network for meaningful connections and vulnerability. Social media has done a great job with helping people make connections and stay updated, but these platforms haven’t focused on developing and deepening relationships. I think this is due, in part, to the advertisement business model. There’s a rise in loneliness and depression, especially amongst teens, and I think social media plays a significant role in that.

I think there’s an opportunity to create both a new social app and business model that is inherently healthier than what exists. I can try to be optimistic and answer your question by saying “yes, there’s room. Here’s why I believe so”, but quite honestly I think breaking into this industry is going to continue being an uphill battle and it’s uncertain that there’s any room.