![]() ![]() It's currently expanding its Clubhouse, TikTok, Nextdoor and Substack clones. It launched its own version of Snap's Bitmoji. Meta is widely known to have copied Snapchat's Stories and grown it into a much larger product. ![]() However, the question remains as to whether the global entrepreneurship community will welcome checks written by Meta, given its history of "borrowing" ideas from smaller companies. This thesis itself sounds solid enough - after all, history has already proved it right. "I have a firm belief that the problems, solutions, the opportunities and the new experiences that are going to be built by people who are most proximate to the communities that they're trying to serve." And these solutions will be "more durable, more sustainable, and more viable" in the long run, he said. "I think that the future is going to be built in some of these regions around the world that have been historically overlooked and undervalued," Archibong noted. ![]() These are obviously a bit meatier than just another TikTok clone.īut the expanded focus to include the global stage will see NPE often looking for ideas that may start off small - perhaps even addressing underserved markets - but have the potential to scale. re-enter society after being incarcerated and another aimed at helping LGBTQ families on the journey to becoming parents. Instead of launching and quickly shuttering new social apps that don't gain traction, NPE's current set of experiments include a project that's helping citizens in the U.S. However, some of those may look different than they have in the past. The team will focus on markets in Asia, Africa and Latin America as it pursues this new direction, though it isn't entirely giving up on U.S.-based projects. "And of course, the objective is that some of the seeds of the ideas that we're able to build, at some point, could be very big." "It's a bit like what I was doing for the prior 10 years, which is going and attracting a bunch of entrepreneurial talent and small teams, and getting them access to the resources - which is talent, time and technology to build out their ideas," he explained. ![]()
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