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Disrupt NY 2016

May 9 - 11, 2016 | Brooklyn Cruise Terminal, Brooklyn, New York

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Ted Livingston
  • Kik raises nearly $100M in highest profile ICO to date

    Kik raises nearly $100M in highest profile ICO to date

  • Chat app Kik takes on Facebook with developer ecosystem built on the blockchain

    Chat app Kik takes on Facebook with developer ecosystem built on the blockchain

  • Payments are all that’s needed for chatbots to deliver on their promise, says Kik CEO

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  • Some VCs want to jump into ICOs, but a host of challenges remain

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  • Kik raises nearly $100M in highest profile ICO to date

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Kik already has over 6,000 bots reaching 300 million registered users

Posted May 11, 2016 by Lucas Matney (@lucasmtny)
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Messenger and WhatsApp may be the 800-pound gorillas in the chat space thanks to Facebook’s significant reach, but Waterloo-based Kik is rapidly building a young, dedicated audience of users that are already showing interest in bots.

Today, onstage at TechCrunch Disrupt NY, Kik CEO Ted Livingston divulged some insights on how Kik has been growing over the past year. Namely the platform, which was recently given a $1 billion valuation, now boasts more than 300 million registered users, growing from 200 million in January of last year. He also revealed that Kik, which reaches 40 percent of U.S. teens, now boasts more than six thousand bots.

Inside the Chat Wars with Kik’s Ted Livingston (full panel) #TCDisrupt https://t.co/PZa2BjpaUF

— TechCrunch (@TechCrunch) May 11, 2016

Bots have gathered a good deal of attention since Facebook Messenger started pushing them heavily, but Kik has actually been experimenting with bots for the past two years. There may be “tens of thousands” of developers already building bots for Messenger, but Livingston believes that Kik is better situated to host bots that people will actually use.

Livingston sees the current, more text-based, approach to chatbots as something similar to the way companies were approaching websites in 1996. He believes that soon platforms will see the full bot potential and put more effort into giving devs tools to create more streamlined experiences for users.

Summing up the advantages of bots as a platform, Livingston cited “no downloads, no new account, no new interface” as the major differentiating features.

Livingston did caution against the strictly conversational, text-based approach being pursued on other platforms, but said that overall it was still “the early days,” and there was still lots of experimentation in the space. What he envisions is a more interface-centric approach that leads to less taps and more seamless usage.

“A lot of people are taking that and saying, oh, to order a pizza you should just write that out, like, ‘Hey there, I’m Ted, and I’d like one large pizza with pepperoni, please,'” Livingston said. “That’s like 100 taps. I just want to click ‘one large pepperoni pizza.'”

Overall, Livingston believes that the era of native apps may be nearing an end and that bots have huge potential, though the tools for devs to build them are going to need a little TLC for chatbots to reach ubiquity.

  1. Ted Livingston of Kik

    Inside the Chat Wars with Ted Livingston (Kik), moderated by Jon Russell at TechCrunch Disrupt NY 2016
  2. Ted Livingston of Kik

    Inside the Chat Wars with Ted Livingston (Kik), moderated by Jon Russell at TechCrunch Disrupt NY 2016
  3. Ted Livingston of Kik

    Inside the Chat Wars with Ted Livingston (Kik), moderated by Jon Russell at TechCrunch Disrupt NY 2016
  4. Ted Livingston of Kik

    Inside the Chat Wars with Ted Livingston (Kik), moderated by Jon Russell at TechCrunch Disrupt NY 2016
  5. Ted Livingston of Kik

    Inside the Chat Wars with Ted Livingston (Kik), moderated by Jon Russell at TechCrunch Disrupt NY 2016
  6. Ted Livingston of Kik

    Inside the Chat Wars with Ted Livingston (Kik), moderated by Jon Russell at TechCrunch Disrupt NY 2016
  7. Ted Livingston of Kik

    Inside the Chat Wars with Ted Livingston (Kik), moderated by Jon Russell at TechCrunch Disrupt NY 2016
  8. Ted Livingston of Kik

    Inside the Chat Wars with Ted Livingston (Kik), moderated by Jon Russell at TechCrunch Disrupt NY 2016
  9. Ted Livingston of Kik

    Inside the Chat Wars with Ted Livingston (Kik), moderated by Jon Russell at TechCrunch Disrupt NY 2016
  10. Jon Russell

    Inside the Chat Wars with Ted Livingston (Kik), moderated by Jon Russell at TechCrunch Disrupt NY 2016
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  • Kik

    • Founded 2009
    • Overview Kik was founded in 2009, when a small group of University of Waterloo students decided to build a company that would shift the center of computing from the PC to the phone. Based in Waterloo, Ontario, the company now has more than 100 employees working on Kik, a chat app that lets users connect with people, services, and businesses. Kik is backed by major venture capitalists and has raised $120.5M …
    • Location Waterloo, Ontario
    • Categories Social Media, Messaging, Wireless, Video Chat, Mobile
    • Founders Christopher Best, Ted Livingston
    • Website http://kik.com/
    • Full profile for Kik

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