Is Twitter Looking to Buy Shots Selfie-App?

Is Twitter Looking to Buy Shots Selfie-App?

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the Shots app, a platform for young users aged 13-19, emphasizing its rapid growth and positive community. Maven Ventures invested in Shots due to its unique approach to preventing bullying. Speculations about a potential acquisition by Twitter are mentioned, but the focus remains on Shots' growth. Justin Bieber's involvement as an investor and user is highlighted. The app's unique features, such as no commenting, create a positive environment. The transcript concludes with insights into identifying successful startups, or 'unicorns', based on vision and execution.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What age group primarily uses the Shots app?

10 to 12 years

30 to 40 years

13 to 19 years

20 to 30 years

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason Maven Ventures invested in Shots?

The app's potential for high revenue

The founders' vision for a safe platform

The app's advanced technology

The app's celebrity endorsements

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does Justin Bieber play in the Shots app?

He is a passive investor

He actively uses and promotes the app

He is the sole owner

He developed the app's technology

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it not the right time to sell Shots according to the advisor?

The app is not profitable yet

The app is growing rapidly

The app has no potential buyers

The founders want to retire

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of reaching 1,000,000 users for Shots?

It was achieved faster than Facebook and Twitter

It marked the app's first year anniversary

It led to a major redesign

It resulted in a partnership with Instagram

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Shots differentiate itself from Instagram?

By having no commenting feature

By offering video sharing

By integrating with Facebook

By allowing more photo filters

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key factor Maven Ventures looks for in a startup?

A unique product design

A celebrity endorsement

A vision worth fighting for

A large marketing budget