Timehop Explained

Timehop
Type:Private
Foundation:2011
Location City:New York, NY
Location Country:United States
Area Served:Worldwide
Products:Apps

Timehop is an application for smartphones that collects old photos and posts from Facebook, Instagram, Twitter, Apple Photos, Google Photos and Dropbox photos and distributes the past.The company was founded in 2011 by Jonathan Wegener and Benny Wong. As of January 2016, Timehop had 12 million users.

History

Timehop began as 4SquareAnd7YearsAgo, which was created at Foursquare's Hackathon in February 2011. The original aim of the app was to build the service that would replay the past foursquare checkins in real-time. The product was simplified into a daily email.A few months later Jonathan Wegener and Benny Wong launched PastPosts.com followed by And7YearsAgram before finally merging under a single brand Timehop.[1] [2]

In the summer of 2013, the company raised $3 million in funding by existing investor, Spark Capital. The funds helped build the Android version of the app.[3] The iOS version reached one million downloads and the app has been in the Top 200 in the U.S. App Store.[4] In 2014, Timehop raised $10 million in Series B funding.[5]

Controversy

In December 2016, Timehop released the 4.0 update to their app which replaced the scrolling timeline with separate pages for each entry. The update also removed a number of previous features. As a result of the update, Timehop received more than 7,000 1-star reviews in the iOS app store.[6] Although Timehop quickly released an update which restored some of the features, it did not restore the scrolling timeline or Swarm check-ins and the app still has predominantly 1-star reviews. On January 14, 2017, TechCrunch reported that Timehop CEO and co-founder Jonathan Wegener had stepped down and was replaced by Matt Raoul, the former design lead. Wegener stated that his departure "has nothing to do with the new version.”[7] In early July 2018, Timehop had a network intrusion that lead to a data breach.[8] According to the company, 21 million accounts were affected.

Devices

Timehop is a free application for IOS and Android devices which can be downloaded from the App Store or Google Play.

Notes and References

  1. News: Tsotsis. Alexia. 4SquareAnd7YearsAgo Becomes Timehop, Takes You A Year Back In Time Through Online Content. 27 March 2014. TechCrunch. 6 January 2012.
  2. News: Considine. Austin. My Back Pages: Digital Diary Traces Memories. 27 March 2014. The New York Times. 6 January 2012.
  3. News: Hong. Kaylene. Virtual rewind app Timehop finally lands on Android. 27 March 2014. The Next Web. 26 March 2014.
  4. News: Perez. Sarah. Timehop Brings Its Mobile Time Machine To Android. 27 March 2014. TechCrunch. 26 March 2014.
  5. Web site: Taylor. Colleen. Timehop, The App That Works As A Digital Time Capsule, Raises $10M Led By Shasta Ventures. TechCrunch. 22 July 2014 . 19 December 2016.
  6. Web site: Newton. Casey. Timehop users are pelting it with 1-star reviews after an ugly redesign. The Verge. 4 January 2017. 14 January 2017.
  7. Web site: Lunden. Ingrid. Timehop founder Jon Wegener replaced as CEO by design lead Matt Raoul. TechCrunch. 14 January 2017. 15 January 2017.
  8. Web site: Timehop discloses July 4 data breach affecting 21 million . 2018-07-09 . TechCrunch . 2018-07-09.