Let’s BeReal… nobody wants to curate every moment for Instagram. That’s fueling the growth of BeReal, a new “unfiltered” social app that’s gaining traction with college students (1M+ downloads last month alone). How it works:
Not the first Facebook alternative… Lots of upstarts have challenged Meta’s social supremacy with features like photo tagging, stories, and live audio. FB kept its crown by buying them (Insta), copying them (Snap/TikTok), or watching ’em fade (Clubhouse). But now FB faces a more fundamental challenge: growing skepticism of its engagement-driven algorithms.
It’s easy to rip off a new feature… but it’s harder to overhaul an entire biz model. Even if BeReal is just a fad, it points to an existential problem for the social-media incumbents: younger users are gravitating toward platforms with fewer features focused on their friends. But for social giants that rely on algorithm-powered ad revenue, fewer features may mean fewer advertisers.