Wednesday, October 19, 2011

Nearing 1 Million Users, Path Stays The Course

Founded by Dave Morin, the co-inventor of Facebook Connect, Sean Fanning, the co-inventor of Napster, and Dustin Mierau, the co-inventor of Macster, Path has some serious street cred when it comes to social and sharing. What's more, there was the impressive list of investors backing the photo-sharing app in November of last year, and the sizable series A follow-on investment led by Kleiner Perkins in February.

In spite of this, questions about slow user adoption have continued to be hurled at Path; today, however, CEO Dave Morin put some of the speculation to rest, announcing from the stage at The Web 2.0 Summit in San Francisco that the app is nearing 1 million users. Not too bad for less than a year's work.

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