It feels like eons ago when Twitter shut down Vine, which allowed folks to create six-second looping videos. However, there might be light at the end of the tunnel as Vine co-founder Dom Hofmann took to Twitter to tease a follow-up to the immensely-popular social media app.
Hofmann says that he will work on the sequel as a side project, since he is currently heading up and prioritizing his just-as-ambiguous startup Interspace. The Vine co-founder might be putting some of the $30 million Twitter reportedly paid for Vine back in 2012 to good use, though he did not say exactly how much is going into the project.
i’m funding it myself as an outside project, so it doesn’t interfere with the (quite exciting) work we’re doing at the company, which is my first priority
— dom hofmann (@dhof) November 30, 2017
Hofmann also did not say whether the project would be virtually identical to Vine or just build on the foundation that the app created. Either way, it won’t be easy to create a follow-up to something as massive as Vine was.
It was difficult to argue Twitter’s decision to purchase Vine, seeing how the latter had 200 million monthly users at one point. Even with the impressive number of users and viewers, however, Twitter failed to turn it into something profitable, which is likely why Twitter shut Vine down and turned it into the current Vine Camera app.
As for Hofmann, he left his post at Vine in 2014 and has since created a social app called Peach, which hasn’t gained much traction. He also heads up Byte, a startup that has created iOS-only apps Music Maker and Byte.
Because of Hofmann’s other commitments, it might be some time until whatever he has cooking up comes to fruition. Until then, we’ll be sure to keep you posted on any new developments.
December 1, 2017 at 07:36AM