Ben Anderson, CEO and co-founder of Amino Apps, discusses the growth of his company and the app's impressive user statistics. Amino Apps allows users to create an online community dedicated to one topic.
Anderson says members have created over one million communities in the last 18 months. He says one of the largest communities is for Korean pop music, or K-Pop. On average, users spend 70 minutes a day on the app.
Amino Apps is introducing Avatar Chat, which allows users to video chat using animated avatars.
Wealthy individuals and industry leaders are driving soaring sports team valuations, fueled by private equity and growing interest in leagues like the WNBA.
The incoming Fed decision will likely be good news for consumers with high-yield saving options, but bad news for borrowers (like anyone with high credit debt).
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Inflation is still high, and economic activity is starting to slow down. But before you start to panic about stagflation, wait to see this week’s jobs report.