David Cannons

App Description

● 6 second looping video

● Android, iOS and Windows

● Followers, likes, revines and comments

https://vine.co/v/hwUDeawFzxL

https://vine.co/v/h1HwMFwhWul

https://vine.co/v/b1maztKQguh

Financial Info

● Seed investment from RRE Ventures

● Bought pre-launch by Twitter

● Deal reported at 30 Million

● Twitter looking to monetize

History

● Founded June 2012 by Dom Hofmann, Rus

Yusupov and Colin Kroll

● Acquired by Twitter October 2012

● Debuted January 2013 for iOS

● Android in June 2013

● Most-downloaded free app iOS April 9th

What’s Hot

● Windows phone app

● Nov. 21 launched in 19 new languages

● Hit 40 million users in August

● Front facing camera (selfies!)

Secret Sauce

● Ease of use

● Length of time

● Loop

● Hilarious

Story

● Vine backer David Lee showed to Twitter co-

founder Jack Dorsey

● Hoping to get advice on design

● Dorsey loved it

● Convinced Dick Costello to approve

purchase

Competition

Competition

Prediction

● Tough to predict internet fads

● Instagram is pets, food, babies and nature

● Vine has “stars”, comedy and head start

● Success

Questions?