You can never achieve the right 'Product-Market-Fit". ๐ฌ
Here's why:
For entrepreneurs, it can often become an obsession with building the perfect product.
But hold on a minute...
"The truth is, people don't just buy products, they buy stories."
Ahahaha a lot. Look at Uber, they used the metrics of when people opened their app (at what time) they showed you travelling options most suitable. (Acc to the day)
OLA vs. UBER
Just look at Revenue to Employees numbers.
11 replies16 likes
Arcane
Stealthย โขย 5m
๐จ Critical Startup Metrics VCs look for
โจ When securing venture capital, 4 key metrics are essential at EVERY stage of a startup's growth:
โข Revenue
โข Net Burn Rate
โข Full-time Employee Headcount
โข Gross Margin
โจ Cash is king in early stages but
look at this post
our young generation who can change the world they possess this power
They are scrolling 24 hours phone like. youtube unstagram
0 replies2 likes
Prashanth Ranapangu
Stealthย โขย 26d
i have an idea which is related to @uber ,@rapido ,and @ola where they can implement an option/facility like car pulling to people who are travelling to non local areas like Vijayawada , vizag etc... where they can collab with the non local taxi driv
Online services start out serving users. When they have enough users, they switch to serving advertisers/shareholders, at the expense of users. For instance, Google Search initially showed you what you searched for, but now largely shows you what it
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0 replies2 likes
LIKHITH
Stealthย โขย 8m
Welcome to OUT OF THE BOX MARKETING!
EP=14 (Heetch)
Heetch, like Ola, is a raid booking platform in France with only one competitor, UBER. However, because they were new and had little money to spend on marketing, they devised a great strategy.
But
People who want to launch physical tech product must look at what Teenage Engineering is doing.
When it comes to design they have nailed each and every product they have launched.
3 replies6 likes
Nilotpal Chauhan
ย โขย
Pixelmiraย โขย 1m
There are two kinds of people; one who are trying to build the future, and those who look at them and say why they will fail.
2 replies2 likes
Ravi Ranjan
Stealthย โขย 5m
If you look at many Startups account statement, they show themselves in loss. Many of them working from 8 to 10 years. Can someone clear my doubt that "are they really in loss??'"...and if they are then why investors still drained their valuable mone
Imagine working in OpenAI India team ๐ฆพ Good times ahead for our country. Also look at how ahead they are. This is being started to make sure regulations are in their favour. Basically lobbying. ๐
