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I don't understand.

Literally.

Is 'now' the niche filled by your app? Is 'then' the pre-smartphone era? What is this presentation trying to convey?

The purpose is to have a dialogue about what we are building - admittedly it makes more sense with a voice over explanation.

Yes, "now" is a niche filled by doingtonight. It also highlights trends in the market that doingtonight builds on (blogs > twitter, kodak gallery > instagram, etc).

Similarly, "then" portrays the problems we are trying to solve (or markets we are trying to make more efficient) all within the context of "life at night".