It is ironic that Houseparty, an app from the makers of Meerkat has been once again thwarted by the Facebook’s offering. Meerkat was a live streaming app that could no longer compete with the Twitter-owned Periscope and Facebook Live thus finally shutting its shop. The Meerkat team then had a change in plan and went on to build Houseparty, a live streaming app that focussed on group chats and until now has 1.2 million active users. While the 1.2 Million user base might seem enormous at first it is actually a small number as opposed to the billion active users on Facebook. Adding salt to the wound is the fact that live streaming feature is a costly affair and most of the startups end exhausting the resources in order to build and scale a stable live streaming platform.
