What is Rabb.it?
Rabb.it is or rather rabb.it was a video streaming website and mobile application.
Where did the video streaming service provider Rabb.it vanish? What happened to Rabb.it? Get your answers in this Article.
https://www.trendingus.com/2019/12/24/what-happened-to-rabbit/
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What happened to rabbit
1.
2. Rabb.it is or rather rabb.it was a video streaming website and mobile
application. Based in California, United States, launched in 2014, it
allowed people to remotely browse and watch the same content in
real-time. The host would create a room that could be private or
public where anyone who sees the room could join it. The people
who joined the room could see the video and hear the audio which
the host is playing, along with that the members of the room could
text and video chat with the other members.
What is Rabbit ?
3. At the time when we discussed the tutorial on
how to use rabbit, Rabb.it had over 4 millions
active users, so what went wrong with the
company? Well, it did not have one but many
issues.
What happened to
Rabb.it?
4. They did not have any revenue model
planned for their business. This is
something the business exists for, and the
biggest issue they faced was they did not
have investors. And in the starting years
of any business huge capital is needed to
fund the business and its operations.
5. They planned to charge for their services from the users but
by the feedback of people. The feedback was negative as
they loved the app but not so much to pay for. The second
option was to give advertisements, which to the advertisers
was unappealing as advertising on top of someone else’s
content to which we don’t have rights is obviously a matter
to them. The user data could have been sold to the content
creators.
6. But again the creators won’t pay for it as the information they are
selling is based on their content and purchasing content was not
even an option because it is really expensive and they did not have a
capital model for it.
7. Rabb.it had to explain to their investors how
they are not stealing content from the
streaming services and are a legit business
model. They had not done any marketing
regarding the company or its product. Due to
which it gets difficult to raise funds as they
were unknown to the investors.
8. Anyways, they got two investors who backed
out of investing in Rabb.it at the last moment
and they ran out of capital. They had to stop
all their operations and on July 31, 2019, it
was announced that its remaining assets,
intellectual property, software stack, and
several patents were acquired by streaming
service Kast.
9. Know all the what happened to rabbit
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