From gaming to edtech, marketplaces to social+,
these were the most-read consumer tech posts of the year.
Most are familiar with the most successful companies in the industry, but for the
Marketplace 100 we ranked the largest and fastest-growing marketplace startups and
private companies. After all, our focus is the future: What’s next? What are the
new, rising marketplace startups that will define the industry landscape in the
coming years? What industries are likely to be revolutionized by connecting people
through marketplace platforms?
More than a decade ago,
Wired editor Kevin Kelly wrote an essay called “
1,000 True Fans,”
predicting that the internet would allow large swaths of people to make a living off
their creations, whether an artist, musician, author, or entrepreneur. That idea is
as salient as ever—but we propose taking it a step further. The global adoption of
social platforms like Facebook and YouTube, the mainstreaming of the influencer
model, and the rise of new creator tools have shifted the threshold for success.
Today, creators can effectively make more money off fewer fans.
These are not normal times. So we can’t rely on the “normal” tools we’ve previously
used to help people find work: the LinkedIn and Craigslist searches, coffee chats,
recruiters, staffing agencies, and so on. Those methods can’t hit the speed, scale,
and placement quality that companies or candidates will need coming out of this
crisis. But verticalized jobs marketplaces—platforms that focus on one industry,
role, candidate type, or demographic—can and will. Now is the time to be building
them.
Tabletop games like D&D are being dramatically improved by digital tools. While
the first attempts at modernizing tabletop games sought to merely replicate games in
the digital realm, the next generation of games goes a step further, integrating
tools such as livestreaming, user-generated content (UGC), audio products, and
community platforms. This digital transformation is reinventing the way we learn,
play, and connect with one another over tabletop games.
Social+ companies that take a single category—from gaming to music to ecommerce—and
build an integrated social experience around it. But not every product category has
had its social moment yet. Just as every industry makes the crucial transition from
analog to digital, nearly every category of company will eventually make the fateful
transition from single-player to multiplayer, from company-driven to
community-driven, from individual to social.
Evaluating the success of a social app is not as straightforward as it seems. What
does “good” look like, anyway? How do various categories of social apps stack up in
terms of engagement, stickiness, and retention (and which KPIs are most important to
track)? Can upstarts
compete
with the reigning social giants? This post takes a deep dive into the top
social apps across a dozen categories.
Deep job platforms not only connect candidates with employers, they also offer
additional features designed to create long term success for the candidates,
companies, and the platforms themselves. These features range from training to
community to—in some cases—financial services. In the wake of COVID-19, these
deep job platforms will play a critical role in getting people back to work as
soon as possible, in the best jobs possible.
A new wave of edtech companies is taking cues from gaming, entertainment, and
abroad to reinvent the experience of online education entirely. If the past was
marked by massive onscreen lectures, static, pre-recorded content, and a limited
pool of teachers, the future of education technology will be consumer- and
product-led: interactive, engaging, and propelled by a global pool of instructors
and peers.
Historically, livestreaming has been synonymous with gaming. More recently,
however, a new streaming audience has emerged, one hungry for
non-gaming
content. Over the past two years, a category on Twitch dubbed “
Just Chatting”—in
which streamers chat with their viewers in real time—has grown nearly
four
times as quickly as Twitch overall. Through its unique ability to drive both
rabid engagement and instant monetization, livestreaming is becoming the future of
live video entertainment.
Those who view the present as a harbinger of our future—a purgatory of glitchy
video meetings, zoned-out kids, and an onslaught of
irrelevant
ads—fail to see the true potential of video. We’re about to enter a whole
new era of video-first products that extend far beyond entertainment and gaming.
Video is evolving from an add-on to a requisite. Through innovative new platforms
and integrated tools, video is dramatically reinventing the way we shop, learn, work
out, network, even party.
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