Australian (ASX) Stock Market Forum

TNY - Tinybeans Group

https://www.smh.com.au/world/north-...hoto-sharing-app-booming-20190629-p522gp.html

'Walled garden of secrecy': private Aussie photo-sharing app booming

New York: Politicians, tech leaders and increasingly self-aware parents are turning to an Australian-born app to privately share their most treasured moments with loved ones.

Treasurer Josh Frydenberg, the family of former prime minister Malcolm Turnbull and former Yahoo! executive Marissa Mayer are among the three million global users of Tinybeans, one of the world's most popular family photo sharing platforms.

Earlier this month, Apple named Tinybeans its App of the Day, giving it huge global exposure, sending the now New York-based company’s share price soaring.

With its strict privacy settings and focus on intimacy rather than building the profile of influencers, the app is also riding a wave of Facebook scandals and security fears over who can access and use our data.

Tinybeans came about when Stephen O’Young created a website to track key milestones in the development of his eldest son, who experienced speech delays. When his son’s speech improved, he let the website go idle. When his third son was born in 2011, he faced a fresh challenge.

8d42243c72843eef1aae8066fd679ff7dcb726e3.jpg

Tinybeans founders Sarah-Jane Kurtini, Eddie Geller and Stephen O'Young (L-R) at their New York headquarters.

"My friends were blogging about their kids and organising their photos really nicely," he says. "I was guilty because I had never done that for my children. I felt like a bad parent. But I’m not a writer and thought I was too busy to blog."

Smartphones were starting to take off so O’Young, who was working as a software designer for big insurance firms like Allianz and IAG, tried designing a mobile app – a digital calendar where he could post photos of his boy. He soon shared the app with his parents, who live on the other side of Sydney. “I realised this was not just a keepsake for myself but a way to keep my family involved with my kids’ lives," he says. "I thought other parents could use this as well."

Through word-of-mouth and the help of a start-up incubator program in Sydney, Tinybeans was born.

The company's head of marketing, Sarah-Jane Kurtini, attended a lunch in Manhattan earlier this month and was surprised to hear guest speaker Frydenberg declare himself an avid user. "We have been using it since 2015 when my first child was born – we love it," Frydenberg says. "My wife updates it every day. I had no idea that it was Australian..."

Malcolm Turnbull's daughter, Daisy Turnbull-Brown, also uses the app to share photos and track milestones of her two young children."It protects teenagers – when they get Instagram or Facebook there won’t already be thousands of photos of them on there," she says.

Kurtini says the app is especially popular with parents who travel regularly for work or have parents living overseas. "People tell us they use our app as a happy place to go. If you think about where you want your kids’ photos to be it probably isn’t sandwiched between someone’s angry political posts and a bunch of silly memes."

If you think about where you want your kids’ photos to be it isn’t sandwiched between angry political posts and a bunch of silly memes.

Sarah-Jane Kurtini
She says the company has benefited from recent scandals at Facebook, including the revelation it may have improperly shared the data of up to 87 million users with an analytics firm tied to US President Donald Trump's 2016 election campaign.

One of Tinybeans' big selling points is privacy – no-one can see a user's photos, or even that they have an account, unless they are invited to do so. Users retain ownership over everything they post on the platform. "Our app is like a walled garden of secrecy," chief executive Eddie Geller says. "People really appreciate that they can’t be found."

Most users limit their network to grandparents, aunts and uncles and close friends. Kurtini says this allows people to post as many photos as they want without having to worry about "spamming" acquaintances and colleagues with 20 baby pictures a day.

Tinybeans now has advertising partnerships with major brands like Lego, Pottery Barn and Macmillan Publishers. But the transition from Sydney start-up to global player wasn't easy.

"People love the privacy we offer but as a marketer it is one of your worst nightmares," Kurtini says.

In its early expansion phase, the company failed to win the backing of venture capitalists in Silicon Valley.

"We're not using drones or autonomous vehicles, we're not flashy," Geller says. "We are going against the grain with social media, which has all been about maximising reach. Our growth has been slow and steady."

Monopolies – Google for search, Amazon for online shopping – dominate the digital era, but the family and parenting space remains fragmented and competitive. Tinybeans is competing with similar family photo sharing apps such as 23 Snaps and Lifecake for market share.

O’Young says the sector is flourishing because parents are increasingly reluctant to engage in the "glamorisation of parenting".

"Social media has added so much pressure on parents to show this sanitised version of their life, to make out that you’ve got everything together. Mums and dads have come to appreciate that sharing too much of their lives on social media is not such a great thing."
 
With its strict privacy settings and focus on intimacy rather than building the profile of influencers, the app is also riding a wave of Facebook scandals and security fears over who can access and use our data.

Tinybeans came about when Stephen O’Young created a website to track key milestones in the development of his eldest son, who experienced speech delays. When his son’s speech improved, he let the website go idle. When his third son was born in 2011, he faced a fresh challenge.

8d42243c72843eef1aae8066fd679ff7dcb726e3.jpg

Tinybeans founders Sarah-Jane Kurtini, Eddie Geller and Stephen O'Young (L-R) at their New York headquarters.

"
One of Tinybeans' big selling points is privacy – no-one can see a user's photos, or even that they have an account, unless they are invited to do so. Users retain ownership over everything they post on the platform. "Our app is like a walled garden of secrecy," chief executive Eddie Geller says. "People really appreciate that they can’t be found."

Most users limit their network to grandparents, aunts and uncles and close friends. Kurtini says this allows people to post as many photos as they want without having to worry about "spamming" acquaintances and colleagues with 20 baby pictures a day.

Tinybeans now has advertising partnerships with major brands like Lego, Pottery Barn and Macmillan Publishers. But the transition from Sydney start-up to global player wasn't easy.

"People love the privacy we offer but as a marketer it is one of your worst nightmares," Kurtini says.


"Social media has added so much pressure on parents to show this sanitised version of their life, to make out that you’ve got everything together. Mums and dads have come to appreciate that sharing too much of their lives on social media is not such a great thing."[/QUOTE]
First of all TNY has proved to be a great stock for many and awarded with lots of fun and money.
My salute.
I was however confused to laugh or cry when reading company's tall claim on privacy.
The way I saw by disclosing the identities of
https://www.smh.com.au/world/north-...hoto-sharing-app-booming-20190629-p522gp.html

'Walled garden of secrecy': private Aussie photo-sharing app booming

New York: Politicians, tech leaders and increasingly self-aware parents are turning to an Australian-born app to privately share their most treasured moments with loved ones.

Treasurer Josh Frydenberg, the family of former prime minister Malcolm Turnbull and former Yahoo! executive Marissa Mayer are among the three million global users of Tinybeans, one of the world's most popular family photo sharing platforms.

Earlier this month, Apple named Tinybeans its App of the Day, giving it huge global exposure, sending the now New York-based company’s share price soaring.

With its strict privacy settings and focus on intimacy rather than building the profile of influencers, the app is also riding a wave of Facebook scandals and security fears over who can access and use our data.

Tinybeans came about when Stephen O’Young created a website to track key milestones in the development of his eldest son, who experienced speech delays. When his son’s speech improved, he let the website go idle. When his third son was born in 2011, he faced a fresh challenge.

8d42243c72843eef1aae8066fd679ff7dcb726e3.jpg

Tinybeans founders Sarah-Jane Kurtini, Eddie Geller and Stephen O'Young (L-R) at their New York headquarters.

"My friends were blogging about their kids and organising their photos really nicely," he says. "I was guilty because I had never done that for my children. I felt like a bad parent. But I’m not a writer and thought I was too busy to blog."

Smartphones were starting to take off so O’Young, who was working as a software designer for big insurance firms like Allianz and IAG, tried designing a mobile app – a digital calendar where he could post photos of his boy. He soon shared the app with his parents, who live on the other side of Sydney. “I realised this was not just a keepsake for myself but a way to keep my family involved with my kids’ lives," he says. "I thought other parents could use this as well."

Through word-of-mouth and the help of a start-up incubator program in Sydney, Tinybeans was born.

The company's head of marketing, Sarah-Jane Kurtini, attended a lunch in Manhattan earlier this month and was surprised to hear guest speaker Frydenberg declare himself an avid user. "We have been using it since 2015 when my first child was born – we love it," Frydenberg says. "My wife updates it every day. I had no idea that it was Australian..."

Malcolm Turnbull's daughter, Daisy Turnbull-Brown, also uses the app to share photos and track milestones of her two young children."It protects teenagers – when they get Instagram or Facebook there won’t already be thousands of photos of them on there," she says.

Kurtini says the app is especially popular with parents who travel regularly for work or have parents living overseas. "People tell us they use our app as a happy place to go. If you think about where you want your kids’ photos to be it probably isn’t sandwiched between someone’s angry political posts and a bunch of silly memes."

If you think about where you want your kids’ photos to be it isn’t sandwiched between angry political posts and a bunch of silly memes.

Sarah-Jane Kurtini
She says the company has benefited from recent scandals at Facebook, including the revelation it may have improperly shared the data of up to 87 million users with an analytics firm tied to US President Donald Trump's 2016 election campaign.

One of Tinybeans' big selling points is privacy – no-one can see a user's photos, or even that they have an account, unless they are invited to do so. Users retain ownership over everything they post on the platform. "Our app is like a walled garden of secrecy," chief executive Eddie Geller says. "People really appreciate that they can’t be found."

Most users limit their network to grandparents, aunts and uncles and close friends. Kurtini says this allows people to post as many photos as they want without having to worry about "spamming" acquaintances and colleagues with 20 baby pictures a day.

Tinybeans now has advertising partnerships with major brands like Lego, Pottery Barn and Macmillan Publishers. But the transition from Sydney start-up to global player wasn't easy.

"People love the privacy we offer but as a marketer it is one of your worst nightmares," Kurtini says.

In its early expansion phase, the company failed to win the backing of venture capitalists in Silicon Valley.

"We're not using drones or autonomous vehicles, we're not flashy," Geller says. "We are going against the grain with social media, which has all been about maximising reach. Our growth has been slow and steady."

Monopolies – Google for search, Amazon for online shopping – dominate the digital era, but the family and parenting space remains fragmented and competitive. Tinybeans is competing with similar family photo sharing apps such as 23 Snaps and Lifecake for market share.

O’Young says the sector is flourishing because parents are increasingly reluctant to engage in the "glamorisation of parenting".

"Social media has added so much pressure on parents to show this sanitised version of their life, to make out that you’ve got everything together. Mums and dads have come to appreciate that sharing too much of their lives on social media is not such a great thing."

TNY has proved to be a great stock. It has rewarded the believers. Hats off to them and the believers.
I am not a holder.
I am however perplexed at the tall claim of the company to protect privacies of its customers.
If they are walking the talk then who is protecting the privacy of the Treasurer and ex-PM and their families? Is the CEO of TNY in a way using those names to market and deemed sponsors?
What happens when one company uses a government minister as its promoters ???
I do not unfortunately now believe the claims to protect the privacy of its customers. Sorry TNY - no matter how much you reward the shareholders - I am out of investing money on TNY. Of course, that is my call and decision. Not blaming any one
" Treasurer Josh Frydenberg, the family of former prime minister Malcolm Turnbull and former Yahoo! executive Marissa Mayer are among the three million global users of Tinybeans, one of the world's most popular family photo sharing platforms."
 
Mate ----- Ignore is a breath of fresh air.
Keeps out all the HOT air.

Very diplomatically and delicately stated Tech ….. no one was implicated … I'm impressed;)

@verce Just as an example, I'm kind of a bit older than some around here and I honestly can hardly work out how to drive facebook ……. I think @Gringotts Bank was asking a genuine question, and given my lack of social media savvy, i'm actually genuinely interested in the answer …..

ie. Is there any chance of Tiny's security being compromised in being linked to Facebook etc ….. I assume there isn't, but I still don't understand the technicalities and would welcome the education:)
 
Very diplomatically and delicately stated Tech ….. no one was implicated … I'm impressed;)

@verce Just as an example, I'm kind of a bit older than some around here and I honestly can hardly work out how to drive facebook ……. I think @Gringotts Bank was asking a genuine question, and given my lack of social media savvy, i'm actually genuinely interested in the answer …..

ie. Is there any chance of Tiny's security being compromised in being linked to Facebook etc ….. I assume there isn't, but I still don't understand the technicalities and would welcome the education:)


quick answer is no problem (noting there is always a risk).

this is a login thing, not an actual use thing. You are not using facebook to look at ur tinybeans stuff, rather u r using your (identification) known identification authorisations at facebook to tell tinybeans that it is indeed you that is trying to get into tinybeans (because u have previously allowed this to occur and told everyone involved who u r thru cookies and tokens and junk that they each recognise and accept as being u). The stuff u then access at tinybeans does not "transit" thru facebook.

called "single sign on" if u want to look (not an expert so disregard all i say)

aside: u really should use a browser master password for the storage of same inside ur browser (look in ur browser options thingo)
 
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quick answer is no problem (noting there is always a risk).

this is a login thing, not an actual use thing. You are not using facebook to look at ur tinybeans stuff, rather u r using your (identification) known identification authorisations at facebook to tell tinybeans that it is indeed you that is trying to get into tinybeans (because u have previously allowed this to occur and told everyone involved who u r thru cookies and tokens and junk that they each recognise and accept as being u). The stuff u then access at tinybeans does not "transit" thru facebook.

called "single sign on" if u want to look (not an expert so disregard all i say)

aside: u really should use a browser master password for the storage of same inside ur browser (look in ur browser options thingo)

This is correct. What people are seeing on their ad-blockers (or whatever the case may be) is the standard Google Ad tracking stuff. Entirely harmless and does not compromise privacy at all.

When you log in to Tinybeans itself, your personal data is entirely segregated and kept on the Amazon Web Services cloud with military-grade security, which meet the requirements of even the most security-sensitive organisations.

promise.png
 
quick answer is no problem (noting there is always a risk).

this is a login thing, not an actual use thing. You are not using facebook to look at ur tinybeans stuff, rather u r using your (identification) known identification authorisations at facebook to tell tinybeans that it is indeed you that is trying to get into tinybeans (because u have previously allowed this to occur and told everyone involved who u r thru cookies and tokens and junk that they each recognise and accept as being u). The stuff u then access at tinybeans does not "transit" thru facebook.

called "single sign on" if u want to look (not an expert so disregard all i say)

aside: u really should use a browser master password for the storage of same inside ur browser (look in ur browser options thingo)
did the posts in the thread change? i thought someone was asking about a "login" via facebook (i cannot find that anymore - maybe it never existed?)
so i prattled on about sso and now take my post back ....i just (for the very 1st time) opened the GB post attachment to see dynamic filtering so nothing to add here on any of that.
 
Haven’t been here for a while
Nothing seems to have changed
For TNY still languishing
 
Haven’t been here for a while
Nothing seems to have changed
For TNY still languishing

Looks to me like we have reached the point of utter capitulation. General sentiment has turned very negative, and the majority of posters have bearish perspectives.

Most interesting!
 
Hi verce , what is your perspective?
with all the positive articles you post how do they help you?

My general observation is that the vast majority in this thread would like to see TNY fail, and do everything in their power to put a negative slant on things. Sometimes it’s deliberate and subtle, other times the negative assessment stems from a misunderstanding or lack of knowledge.

Technology stocks are just not well understood in Australia. People would rather invest in companies that dig up rocks out of the ground.
 
Looks to me like we have reached the point of utter capitulation. General sentiment has turned very negative, and the majority of posters have bearish perspectives.

Most interesting!

Nah, capitulation would mean a much bigger fall, it's forming a base.
When a share price triples it needs a breather.
 
Nah, capitulation would mean a much bigger fall, it's forming a base.
When a share price triples it needs a breather.

That’s good news. A welcome change. We will see how the company is tracking in about 3 weeks when the next quarterly is out.
 
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