'Follow-Up To Vine' Gets Delayed For 'Indefinite Amount of Time' (theverge.com)
Late last year, Vine's co-founder, Dom Hofmann, said he was working on "a follow-up to Vine," after the six-second video social media app was shut down by Twitter in October. "I'm going to work on a follow-up to vine. i've been feeling it myself for some time and have seen a lot of tweets, dms, etc.," Hofmann tweeted at the time. Well, several months have passed and we have learned that Vine v2 will be postponed for an "indefinite amount of time" while Hofmann figures out funding and logistical hurdles. The Verge reports: The announcement, made on the v2 forums and reposted this morning by the official v2 Twitter handle, is a disappointing but understanding turn of events. Back in January, Hofmann suggested the app may launch as soon as this summer, which was an ambitious timetable. Now, Hofmann says that, despite the immense interest in his project, he has to take the time to make sure it doesn't fall apart before continuing. He cites a need for substantial venture funding to get v2 off the ground after initially thinking he may be able to self-fund it. "Long story short, in order to work, the v2 project needs to operate as a company with sizable external funding, probably from investors," Hofmann writes. "This is difficult because I already run an early-stage company (Innerspace VR, a creative immersive entertainment studio he founded after selling Vine to Twitter years ago) that is in the middle of development. Very few backers would be happy with the split attention, and I wouldn't be either. This is potentially solvable, but it's going to take time for the space and resources to become available."
So basically he is launching the exact same thing he sold to Twitter, and investors aren't biting this time around. Somehow I am not as disappointed as that Verge editor...
If construction was anything like programming, an incorrectly fitted lock would bring down the entire building...
I plan to create a service that allows videos only up to 2 seconds, instead of 6, and limits messages to 25 characters instead of 140.
Furthermore, I will restrict the vocabulary that people may use in the messages to only the most popular 100 words in the English language, to make the service more accessible to everyone.
After that, I'll roll out my photo sharing addition which will limit images to 40x30 pixels with a jpeg quality setting ofn o more than 0.4. You'll be able to attach audio clips too, but only up to 3 seconds each, with a low pass filter at 3 KHz.
The internet will be mine! Bwahahahhaha!
Will Trump be in the small hands and stubby penis ward? How many Tyrones will he service every night?
This comment saved the internet. What a wonderful, insightful, gosh-darned terrific comment. Chelsea 2020.
Twitter has shut down the original without even trying to sell it, which suggest nobody wanted to invest on it. Odds to get funds for a v2 seem scarce.
Definitely longer than 6 seconds.
Ideas are worthless. The winner is whoever the CIA backs.
State monopoly capitalism owned the internet from day 0.