ย โขย
Medialย โขย 5m
Coinbase founder shares the Y Combinator advice that helped Coinbase find product/market fit The first version of any product rarely works, and thatโs exactly what happened with Coinbase. When Brian Armstrong, the founder, launched Coinbase, it was just a simple hosted Bitcoin wallet. He posted it on Reddit, and while a few people signed up, no one stuck around. Instead of getting discouraged, Brian followed a key piece of advice from Y Combinator: โIn the early stages, focus on two thingsโtalking to your customers and improving your product based on their feedback.โ He emailed 10 users who had signed up and asked for feedback through quick phone calls. One user said they liked the wallet but didnโt have any Bitcoin to use with it. That sparked an idea. Brian asked the user, โIf there was an easy way to buy Bitcoin within the app, would you use it?โ The answer was yes. So Brian spent the next few months building a โbuy Bitcoinโ button. This meant securing bank partnerships and legal licensesโa lot of work, but it was worth it. As soon as they launched the feature, Coinbase started growing organically every day without any marketing. Thatโs when Brian knew they had hit product/market fit. The lesson? Keep it simple: talk to users, listen to their needs, and iterate quickly. Thatโs how great products are built. Follow me for more valuable startup insights from the world's best founders!
ย โขย
Medialย โขย 5m
Brian Armstrong tells the founding story of Coinbase: โNothing was workingโ Brian Armstrong's journey to building Coinbase wasnโt easy. In 2012, he left his job and joined Y Combinator to follow his dream of creating something big. But things di
See MoreHey I am on Medialย โขย 1y
Title : The Y Combinator -> Turning Startups into Unicorns๐๐ฆ โข Y Combinator has a big impact on startups โข Its alumni includes famous tech companies like: โข Airbnb โข Dropbox โข Stripe โข Coinbase โข Zepto โข Razorpay โข Reddit
See Moreย โขย
Medialย โขย 4m
Coinbase founder best advice for a pre-product/market fit startup Most founders freeze. They overthink. They wait for the perfect plan. Big mistake. Brian Armstrong (Coinbase) learned this early: Action produces information. Paul Graham says it be
See Moreย โขย
Medialย โขย 3m
๐๐ผ๐ ๐๐ฟ๐ถ๐ฎ๐ป ๐๐ฟ๐บ๐๐๐ฟ๐ผ๐ป๐ด ๐๐๐ถ๐น๐ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐ช๐ต๐ถ๐น๐ฒ ๐ช๐ผ๐ฟ๐ธ๐ถ๐ป๐ด ๐๐๐น๐น-๐ง๐ถ๐บ๐ฒ ๐ฎ๐ ๐๐ถ๐ฟ๐ฏ๐ป๐ฏ Most people wait for the โperfect timeโ to start their dream project. Brian Armstrong didnโt. He built Coinbase while wor
See MoreDownload the medial app to read full posts, comements and news.