Ann: Acquisition of Red Tricycle through Successful Capital Raise, page-14

Ok I can see you're hinting at it potentially serving a market beyond parents. But let's be real, other family members aren't going to spend much time on the app unless they're overseas and it's a nice way to keep in touch. But it's just photos. At the end of the day there are more substitutes than just a similar app. I have a niece so I go and see her or have a face time call or get photos sent on my phone. The security of the app might appeal to some people but most won't pay for it. I don't need tinybeans - it's not essential and never will be. I couldn't believe my eyes when I saw the valuation on this. I think it's worthless in the long-run personally as I don't see them breaking even. You need critical mass for a company like this to be worth its salt. I'm sorry to say.