My First MillionMay 28, 202159m10.5K views

How Vending Machines are Generating Millions & The Next Big Social App | My First Million #187

Name: How Vending Machines are Generating Millions & The Next Big Social App | My First Million #187
Uploaded: 2021-05-28
Duration: 59 min 26 s
Description: Riff: how Vimeo went from a College Humor spinoff to an ~$8B valuation, the next big social-app prediction, vending-machine economics (six figures part-time, millions scaled, multi-billion at the top), and a brainstorm about 'ghost kitchens for gifts' — a delivery-only gifting concept.

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Synopsis

Riff: how Vimeo went from a College Humor spinoff to an ~$8B valuation, the next big social-app prediction, vending-machine economics (six figures part-time, millions scaled, multi-billion at the top), and a brainstorm about 'ghost kitchens for gifts' — a delivery-only gifting concept.

Ideas in this episode

Vertical video software for SMBs
The episode uses Vimeo's rise to an approximately $8B valuation as a signal for the scale possible in video platforms.
Vending machine route
Riff on Vimeo's College-Humor-spinoff-to-$8B arc, the next-big-social-app prediction, vending-machine economics (six figures part-time, millions scaled, multi-billion at the top) and a brainstorm about 'ghost kitchens for gifts'.