$200M seed valuation for Roam shows investor frenzy for note-taking apps

Re:$200M seed valuation for Roam shows investor frenzy for n... by glenstein on Friday September 11, 2020 @07:20PM (#24448367)

I don't entirely get it either, but I get the motivation for a startup to try it even if it doesn't necessarily add value.

For one, people download and use note apps, so I think there's an inherent curiosity about whatever the next one is. And if anyone can get a critical mass to the point that it's a de facto note-taking app for 'most people', people might become accustomed to the idiosyncrasies and add-on features that the 'winner' note app provides.

There's no good reason for there to be a 'winner' note taking app, but I also don't think there's any good reason for there to be a winner video conferencing tool, or a winner office suite, but we have those.

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Re:$200M seed valuation for Roam shows investor frenzy for n... by itsdrewmiller on Friday September 11, 2020 @08:31PM (#24448794)

Videoconferencing is inherently a group activity - it has a pretty clear network effect. Office suites less so, but MS did a good job of using the file format as their moat for quite some time - https://hackernoon.com/complexity-and-strategy-325cd7f59a92

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