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Threads users decline significantly despite initial surge in sign-ups
(www.theguardian.com)
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this post was submitted on 28 Jul 2023
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even if that were true - it wouldn't make sense. That would would a) create a huge disparity between signups and DAU b) they did make the signup process very frictionless which would explain the signups better and c) I believe it threads signups were in the millions whereas Instagram has over 1B accounts