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How to convince investors
“Most investors decide in the first few minutes whether you seem like a winner or a loser, and once their opinion is set it’s hard to change.”
“The number one skill in starting a company is getting knocked down 10 times and getting up 11. Just don’t hit your head against the exact same spot, shift a bit and try again.”
Is freemium a stable economic model?
“Freemium alone, by itself, simply can’t scale that big absent relatively rare, universal apps that almost every single business needs and is willing to pay > $10-$20/mo for.”
The idea maze
“Your real competition [isn't other startups] its the years you could waste going down the wrong path.”
What happens when Google offers your product for free?
What it feels like to have a startups biggest fear, become reality.
Embracing the Incrementality Mentality
“Building a startup is about fighting all the temptation that lies out there for a maker.”
“If asked to describe the characteristics of a successful freemium business, I might highlight three things: effective community marketing, command of new distribution platforms, and a paid product users love.”