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Anonymous

Hey I am on Medial • 1m

Is USP really that important to stand out in market or to start a startup ? There are alot of market in which there are alot of competitors and they all just provide same thing like their competitors and still earn multi-million dollars. Like in matrimony, bharat matrimony, shaadi .com, jeevansaati,etc and they all are multi million dollar companies providing same services or atleast they create their space against giants as much as they are able to earn crores. Like also, there are alot of communication tool like whatsapp chat, telegram, signal, sendbird, slack and many many more and even though they all provide same kind of communication service, they all are billions or multi million dollar companies. Project management tools, jira, clickup, airtable, and what not and still they pr9vide same project management type tool, they all are same but still they all have created their space having billions of dollars valuations. Guys what's your point on this ?

2 replies14 likes

Replies (2)

Chamarti Sreekar

Passionate about Pos... • 1m

everyone screms about USP , but truly it doesn't even matter in my perspective, any product that's better , solves a problem making it it simpler easier and cost-effective will win the game rather than some startup having a gimmick feature , I'll just copy it if needed , it's a fancy term vc came up with to know what are you doing different or unique as a startup

0 replies1 like

Anonymous 1

Hey I am on Medial • 1m

Bro, USP isn’t everything execution, branding, and timing matter more. You don’t have to be unique, just better or different in some way. 🚀

0 replies1 like

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Mo more math homework 🤣 So many edtechs did just this and had multi-million valuations. Rip.

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