Ep.60: After the Category Pioneer's Bankruptcy, Why Can Tipsy and Others Still Be Valued at Billions?

This episode of the 405 Youju podcast features Kotoko AI founder Patrick, discussing why interactive fiction products can still grow fast after Character.AI filed for bankruptcy protection. Several leading products in the category have been valued at over $1 billion in the financing market, and the conversation covers freemium high-DAU versus in-app purchase business models, the 2% revenue share dispute among OOC creators, and model costs and multimodality over the next six months to a year.