4.9 • 720 Ratings
🗓️ 20 July 2023
⏱️ 11 minutes
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0:00.0 | Two weeks after its blockbuster launch, Mark Zuckerberg's Twitter killer, Threads, is already |
0:06.0 | fraying. Hey, everybody, I'm Steve Green with Bill Whittle and Scott Ott, and this is Right Angle, |
0:10.6 | brought to you by the members of Bill Whittle.com. And gentlemen, I don't know if you're aware of this, |
0:15.4 | but when Threads launched on July 5th or 6th, they hit 2 million users in the first hour, 5 million users |
0:23.6 | a couple hours after that, and in just five days they beat all records by getting 100 million |
0:30.6 | users. Since then, not so much in the 9 or ten days since hitting 100 million. |
0:37.9 | They're stalled at 112 million. |
0:39.9 | And get this. |
0:41.7 | Daily active users, this is just on Android because iOS makes it harder to grab these numbers. |
0:47.0 | Daily active users dropped in half, more than in half, from 49 million to 23.6 million. |
0:53.4 | And this is probably the best measure of how little there is to do of any interest on threads. |
1:01.7 | User engagement, that's the amount of time people actually spend using the app, |
1:05.8 | dropped from 21 minutes. |
1:07.8 | That was its peak on July 7, just two days after a launch, to six minutes. |
1:14.1 | So, yeah, Threads has a problem here. And Bill, I kind of think that Threads launch figures |
1:20.3 | were kind of a scam, not that they were fake, but that it was too easy to generate them, |
1:24.6 | because if you had an Instagram account and something like 1.8 billion |
1:28.2 | people have an Instagram account, you got the invite to check out threads. And if you got it, |
1:34.9 | and this part was kind of genius, it brought over all of your Instagram contacts and followers |
1:41.4 | if they were also on thread. So you didn't have to build your friends from scratch on the new platform. |
1:47.5 | But apparently without anything to do there, people lost interest. |
1:53.0 | Well, I think probably that incredible opening number that they're so proud of bragging about. |
... |
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