startups

created 2 years ago

They speak breathlessly about how “T.K.”—Uber cofounder Travis Kalanick—has repeatedly ignored legal roadblocks. Admirers see an aggressive attitude and a $70 billion valuation, ignoring Uber’s careful, behind-the-scenes negotiations with regulators in many cities, notes Bradley Tusk, a political consultant for Uber.
Three-quarters of the 150 early-stage startups he has investigated have pitched investors with misleading or purposely incomplete information, like identifying as “customers” people who are merely using a free trial, or taking full credit for past projects they played only a small role in.
Some founders grow into talented CEOs. Most don’t. That’s an inevitable by-product of Silicon Valley culture, where everybody fetishizes engineers, designers, and inventors while managers get little respect.
Squishy terms like “traction” and “momentum” are more valuable than functional business models, revenue, and profits. But that’s all part of the fun!
The rich people buying into Uber’s latest round of funding, for example, got no financial information beyond a set of risk factors, according to reports.
fortune.com
Claim to Fame: Tired of spending hours sending pictures to the local pharmacy's photo station and then spending even more hours perfectly crafting a collage on your walls? So is Phötage. Instead, Phötage has created an affordable and easy process to get the pictures from your Instagram feed and camera roll onto the walls of your home.
planted.com
We’re damn excited to announce that we’ve acquired Product Hunt.
Product Hunt will remain independent. It will maintain its playful, empathic and curious attitude (read their story of how the acquisition came to be).
blog.angel.co
The main thing I want to get across here is: we believe that everyone is entitled to their political beliefs and they are welcome to support the political candidates of their choosing. Having an honest, rational dialogue between all parts of the political spectrum is going to be important for us as a country moving forward. But under no circumstances do we tolerate harassing or threatening other founders (or anyone for that matter). Regardless of what you believe, if you act in a hostile way that makes the community feel unsafe, you will be ejected from the YC community.
techcrunch.com
In his excellent write-up of Product Hunt’s origin, Nathan Bashaw writes: “Ryan personally emailed and tweeted at hundreds (possibly thousands) of people to make this work, and it would have been a lot harder if he didn’t put in a lot of work over the previous year building his online network through his blog.”
While most of these tweets would simply disappear into the ether (and perhaps leaving some warm fuzzies in the recipient) occasionally the sharer would respond to Ryan’s thank you. At which point Ryan would “strike”, inviting the user to join his email list.
“It helped a lot that we had an invite-only model, because people love hooking their friends up with exclusive access to new things. By creating artificial scarcity, we had something at least semi-valuable to offer: an invite.”
Invites are a tried and true tactic — everything from GMail, Pinterest, Spotify, to even Medium itself began as invite-only sites. While it sounds like a “well duh” tactic, in practice it is painfully hard to actually execute.
Habits don’t form overnight. It takes several days, often weeks for a product or service to earn unprompted user engagement, triggered by people’s day-to-day emotions. Consider your use of Facebook, Twitter, Pinterest, or other popular, habit-forming products. Engagement starts with external triggers that inform the user what to do, driving the desired behavior.
medium.com
The step-by-step guide to totally blow your startup’s Product Hunt launch
tl;dr — Though I witnessed success of similar products on Product Hunt and did a ton of research about the platform, I didn’t succeed in getting Favorize much exposure.
I figured there might be a handful of tips as Product Hunt was fairly new, and found an article “THE ULTIMATE GUIDE TO LAUNCHING ON PRODUCT HUNT, EVEN IF YOU’RE NOBODY IN THE ONLINE SPACE.”
When I took steve blank’s class The Lean Launchpad via Startup Weekend in 2012, it was actually about creating a minimum viable product (I highly recommend taking his FREE online class… it’s priceless.)
I kept tweeting 30 people a day and was happy to receive more responses with positive feedback and see more upticks in signups. After 10 days and 300 tweets. It settled at 4% conversion — still good. It felt like a small product/market fit.
Why Thursday? From what I found, it’s best to post between Tuesday and Thursday, preferably later in the week, in an attempt to get featured in the weekend email.
Finding the right hunter to hunt your product is important for two reasons:
Big following = more exposure — Every time someone submits a new product to PH, their followers get an email notification, which is huge as email is still the best marketing medium
Ovi’s guide is on point when it comes to creating a list of supporters, aka “troops.” I took on his advice and created a Google Sheet, where I stored information about potential and confirmed supporters. I had sheets for Current Favorize Users, Friends & Family, and Similar Products Upvoters. I gathered info about people that I hoped will either share the news, upvote on PH or even sign up.
After testing out a bunch of tools, I ended up assembling a list of journalists on hey.press. Hey.press was super easy to use and straight to the point. I went for the Pro plan at $49/month, which gives you access to view journalists by category, up to 120 email addresses per month and an option to export the data to a sheet easily.
Bram and I agreed 4am PST would be the ideal time to post Favorize. That way, it could be featured for almost a full day, get an early wave of love from friends in Israel, and get in front of early risers on the east coast. Most guides suggest launching in the early am to maximize exposure globally, as the day officially starts at 12:00am PST on Product Hunt (early afternoon in Europe.)
Value proposition not crystal clear — I didn’t do a good enough job explaining why Favorize is useful and how to use it. I took inspiration from products I admire and did a ton of research, but without a marketing team or a proper feedback loop, I didn’t produce high quality work. A bunch of people got Favorize fairly quickly, but not enough of them immediately understood how it could be useful to them right now.
medium.com
Fuck reading a book a week. No one can read that fast. Let me repeat that -NO ONE CAN FUCKING READ THAT FAST. How about actually reading that god damn book?! Fuck your references to Malcolm Gladwell and Dan Ariely, and stop fucking quoting Lean Startup, for Christs sake. We’ve all fucking read it.
medium.com
It’s been exciting to watch the Lean Startup movement grow from a practice utilized in the tech world to one implemented in a wide variety of sectors ranging from enterprise to education, religious organizations, nonprofits, and government groups.
www.startuplessonslearned.com
Last few years, the business world is driven by the variety of apps. Also, its needs and demands are increasing continuously in the upward direction. Taking advantage of this flourishing app trend, many entrepreneurs are now showing interest in bringing up a viable app business to capture the market immensely.
www.agriya.com
the minimum viable product (MVP) is a product with just enough features to gather validated learning about the product and its continued development
en.wikipedia.org
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