It's funny, I had the idea for Vine a few years before it came out. I wish I had the network and resources to build a startup because I often have a lot of ideas that become businesses. I was chatting with my buddy back around and said "You know, the trend seems to be everything becoming shorter and easier to access. It's all about putting constraints on a medium to boil it down to it's essence and drive engagement. Twitter is all about short text tidbits, otherwise known as micro-blogging. Instagram is all about simplifying the photo process with a square format constraint and a simple set of filters so you can tap and post. I bet the next thing will be a video service that only allows short clips, maybe up to 30 seconds, and I bet it will even be square." The only thing I didn't predict was the way you hold to record parts of the video and the duration was much shorter.
The lessen here is if you have a good app idea, throw together a company as quickly as possible, make the service free, promote the hell out of it, and eventually some larger social network will buy you out making you an instant millionaire, or even billionaire. Sure, they'll ruin your company by driving it in the ground as shareholders keep asking "But how do you make it profitable?" Eventually they'll shut down the service you birthed into the world completely as years of feature creep and advertising encroachment has made it practically unusable. But who cares? You'll be on a beach somewhere living the good life.
