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Consumer Software
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Chicago, Illinois
Founded
2010
Sprout Social provides a social media management platform that helps businesses improve their social media strategies. The platform offers various tools for publishing content, analyzing performance, engaging with audiences, and listening to social conversations. Clients pay a subscription fee to access these features, which are designed to enhance both paid and organic social media efforts. Sprout Social stands out from competitors by offering extensive educational resources, including webinars and certification programs, to help users become proficient in social media management. The company's goal is to assist businesses in increasing brand awareness, fostering customer loyalty, and achieving better return on investment through detailed analytics and insights.
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Total Funding
$251.5M
Above
Industry Average
Funded Over
5 Rounds
Health Insurance
Dental Insurance
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401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Wellness Program
Professional Development Budget
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Sprout Social wins top industry awards for product excellence, customer satisfaction and global impact.
đŠâđł How we use AI at Tech in Asia, thoughtfully and responsibly.đ§ââď¸ A friendly human may check it before it goes live. More news hereA seven-week trial between Meta Platforms and the US Federal Trade Commission (FTC) has ended, with a decision now resting on US District Judge James Boasberg.The trial focused on whether Meta holds an illegal monopoly in social media.The FTC claims Metaâs purchases of Instagram in 2012 and WhatsApp in 2014 were meant to reduce competition and strengthen its dominance in personal social networking.If the FTC wins, Meta might have to sell one or both platforms, which could take years.Meta denies these monopoly allegations, saying it faces strong competition from apps like TikTok, YouTube, and iMessage.The company argues its services compete in various sectors beyond just social networking.Judge Boasbergâs ruling is expected later this year and will decide if Meta violated antitrust laws.If the FTC wins, a follow-up trial would determine remedies, with the FTC pushing for full divestiture and Meta calling the case weak.đ Source: Bloombergđ§ Food for thought1ď¸âŁ The crucial battleground of market definition in tech antitrust casesDefining the relevant market has historically been the decisive factor in tech antitrust cases, as seen in the Microsoft case where the court had to determine whether the browser market was separate from the operating system market 1.In Metaâs trial, this pattern continues with the FTC arguing for a narrow âPersonal Social Networking Servicesâ market focused on friends and family connections, while Meta pushes for a broader definition that would include TikTok, YouTube, and messaging services 2.The judgeâs decision on market definition will likely determine the case outcome, as a narrower market definition would strengthen the FTCâs monopoly claims, while a broader definition incorporating short-form video and messaging services would dilute Metaâs market share 2.Legal experts note the FTC faces the challenge of proving that Metaâs services offer something unique that other platforms donât provide, similar to how the government demonstrated Microsoftâs distinct control over operating systems in the 1990s 1.2ď¸âŁ Historical precedents suggest mixed outcomes for tech breakupsThe potential breakup of Meta would follow significant historical precedents, most notably the 1984 AT&T divestiture which split the telecom giant into seven regional âBaby Bellsâ after a decade-long legal battle 3.Unlike quick resolutions, major antitrust cases typically span years. AT&Tâs case began in 1974 and concluded in 1984, suggesting that even if the FTC wins, an actual Meta breakup could be years away 4.Historical data on corporate breakups shows mixed results for consumers. While AT&Tâs dissolution led to lower long-distance rates, local service rates increased, suggesting that forced divestitures donât always achieve their intended competitive benefits 5.The most relevant modern precedentâthe 1998 Microsoft antitrust caseâultimately resulted not in a breakup but in behavioral remedies that restricted Microsoftâs business practices while keeping the company intact 6.Recent antitrust actions against Google, resulting in a 2024 ruling that found the company maintained an illegal monopoly in search, demonstrate regulatorsâ renewed determination to challenge tech giantsâ market power 7.3ď¸âŁ The evolving social media landscape complicates monopoly claimsRecent social media benchmark reports reveal significant shifts in user engagement patterns, with TikTok leading organic engagement at 2.50% while Instagramâs engagement has decreased to 0.50%, potentially undermining the FTCâs argument about Metaâs dominant market position 8.The average user now juggles nearly seven social platforms monthly, reflecting a fragmented attention economy that challenges the notion of any single company controlling social networking 9.Social media usage data from 2025 shows declining engagement rates across Facebook and Instagram despite their large user bases, suggesting users are distributing their attention across multiple platforms rather than remaining loyal to Metaâs ecosystem 10.Consumer media consumption habits have evolved significantly, with streaming and social video platforms increasingly capturing attention that was previously directed toward traditional social networking, potentially weakening the FTCâs market definition argument 11.The rise of AI-generated content and changing consumer preferences for authenticity have further reshaped the competitive landscape, introducing new variables that werenât present when Meta acquired Instagram and WhatsApp a decade ago 9.Recent Meta developments
CHICAGO, May 14, 2025 (GLOBE NEWSWIRE) - Sprout Social (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced a set of new innovations to its Care by Sprout Social solution.
ropz, frozen star as mouz defeat EG; Spirit outlast Sprout at IEM Cologne Play.
DBL PONEY, SAW, SKADE, Sprout through to ESEA Premier Season 38 Europe.
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Industries
Consulting
Consumer Software
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Chicago, Illinois
Founded
2010
Find jobs on Simplify and start your career today