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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://mastodon.social/users/fromjason/statuses/111611451559493038">fromjason.xyz ❤️ 💻 (fromjason@mastodon.social)'s status on Wednesday, 20-Dec-2023 22:56:28 JST</a><a href="https://mastodon.social/@fromjason" title="fromjason@mastodon.social"><img src="https://gnusocial.jp/avatar/220845-48-20240925185222.webp" width="48" height="48" alt="fromjason.xyz ❤️ 💻" style="position: absolute; left: 0; top: 0;">fromjason.xyz ❤️ 💻</a><div><a href="https://mastodon.social/@fromjason/111611436455773881" rel="in-reply-to">in reply to</a></div></section><article><p>Remember Houseparty? Me neither.  </p><p>Ecorp kept them busy for two months with meetings under false assumptions. Then, it cut communication and launched its copycat app Bonfire. </p><p>In a panic, Houseparty burned through a $50 million round of VC cash. It was later forced to sell to Epic Games for $30million.  </p><p><a href="https://www.wsj.com/articles/the-new-copycats-how-facebook-squashes-competition-from-startups-1502293444" rel="nofollow noreferrer">https://www.wsj.com/articles/the-new-copycats-how-facebook-squashes-competition-from-startups-1502293444</a></p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/2478139#notice-4903165">In conversation</a><time datetime="2023-12-20T22:56:28+09:00" title="Wednesday, 20-Dec-2023 22:56:28 JST">about 11 months ago</time> <span>from <span><a href="https://mastodon.social/@fromjason/111611451559493038" rel="external" title="Sent from mastodon.social via ActivityPub">mastodon.social</a></span></span><a href="https://mastodon.social/@fromjason/111611451559493038">permalink</a><h4>Attachments</h4><ol><li><label><a rel="external" href="https://gnusocial.jp/attachment/1993669">Untitled attachment</a></label><br></li></ol></footer></blockquote>

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fromjason.xyz ❤️ 💻 (fromjason@mastodon.social)'s status on Wednesday, 20-Dec-2023 22:56:28 JST fromjason.xyz ❤️ 💻
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Remember Houseparty? Me neither.
Ecorp kept them busy for two months with meetings under false assumptions. Then, it cut communication and launched its copycat app Bonfire.
In a panic, Houseparty burned through a $50 million round of VC cash. It was later forced to sell to Epic Games for $30million.
https://www.wsj.com/articles/the-new-copycats-how-facebook-squashes-competition-from-startups-1502293444
In conversationabout 11 months ago from mastodon.socialpermalink
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