Nobody has answered my question yet about how many other messaging apps exist that currently aggregate contacts across multiple social media sites that aren't owned and therefore siloed by the same respective parent company..
Still waiting.. 1? None? 5?
Pretty sure that makes Thred pretty unique and therefore different or not the same or in a league of our own or some of these things are not like the other or chalk and cheese when compared to all those other messaging apps out there that apparently we are exactly the same as..
..and that are sporting nut scratching market valuations from a hot and growing market that is global messaging.
Do we aggregate better? At face value it certainly appears so. 1m contacts achieved from only 2,400 downloads over first thirty days of launch suggests we do..
That's a hell of a lot of potential.
I would be interested in side by side comparisons between other successful messaging apps who had a launch process like Threds and what their numbers were.. Hard to find I've been looking. Different markets in respect of launch, lack of early info out there so far for me. Thred is actually fairly unique.
But 1m contacts is a big number considering was it 60% were shareholders therefore not aligned with Threds target market? So basically what that is saying is we haven't done any marketing at all (Zero spend or at least minimal spend) and pretty much everybody that downloaded and was successfully onboarded are "bonus" numbers. We haven't even gotten started yet.
This is how short sighted some people are when they call that the heavens are falling to earth and that doomsday is coming. There's what $4m in the bank? There's dilution. I think we all felt that bump but it's always been a factor. Pressure on CEO to raise better I would imagine. That's why they are paid the big bucks.
Think about it and do the math. It's a numbers game. You have a strategy and you push and pull levers and you swing the numbers in your direction. Pretty simple at macro. Onboarding ONE user pulls around 450 contacts onto Threds platform. HUGE number.
Invite model allowing for ease of onboarding.. organic onboarding.. minimal marketing spend per user. That money better spent making it faster. I want it faster and faster and faster and just when it's almost polished then make it faster.
It's a solid messaging platform with sound function. It's backbone is strong. Otherwise it wouldn't be deemed a kickass platform. Needs to be built out and around the feedback of users with a clear forward plan (which the company has by the way.) in respect of revenue generation and scaling procedures.. spend wisely on both product development and the efficiency of user onboarding and retention and therefore Threds organic growth pipeline.
Are we as fast or pretty? Maybe not yet.. beauty is in the eye of the beholder I heard once (subjective) and we can get faster and faster and faster and better.
Just wanted to bring it up again because I care about the well being of potential investors and just want to make sure they are aware of these things and possible points of difference etc. Stuff like Threds unique value proposition is somewhat important after all for some I would imagine.
This is Thred.
Buy at your own risk.
GLTALTH
Let's not forget Microsoft they are like our Wild card at the moment.. which is fine by me.
