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by bergstromm466 2148 days ago
> Once you get traction, offer premium background images or videos. Create a marketplace where people can buy/sell.

A lot of this seems like guesswork, and honestly also like terrible advice. Maybe if the person had added their experience or a story about their own experience. Like the other person wrote, some advice might be irrelevant because this person hasn’t understood the product to know it’s it’s for existing footage only, not live footage.

Sometimes advice can be useful, but be wary when it sounds useful at first glance but includes no examples, and no credentials.

Then often it’s someone who considers themselves a success guru, without much sincerity. They just think that their advice is obvious, when its probably outside their domain. It’s not bad faith, it seems to me they’re just a wannabe startup guru/investor/founder/whisperer (what I write here might also be crap).

The best advice I’ve found comes with intimate stories of failure. Stories that help you understand the underlying friction, yet aren’t specific to the exact challenges you’re facing, but leave you with solid hypotheses to explore.

1 comments

There is a lot of negativity in your response without even deluding to what's really wrong with the advice. There are tons of very successful founders recommending focusing on adoption instead of revenue in initial period. Freemium is very well adopted all over. Literally entire app industry worth billions of dollars use this model. Again, I'm not claiming to be expert in this domain. You are entitled to your opinion and frankly we are all armchair pundits here, however, it's bad form to spew out so much negativity without any reasoning or even alternative.
>There are tons of very successful founders recommending focusing on adoption instead of revenue in initial period.

As of 2020, this is the exception rather than the rule. The problem is that focussing on adoption before focussing on value is very risky. You are constantly flirting with premature scaling before having found product/market fit (see e.g. Startup Genome project).

However, successful businesses that have been built on adoption are by-design much more likely to be well known. Again, it's entirely possible to build a business that relies on network effects or economies of scale, but it's not the default advice I would give to founder.

>Freemium is very well adopted all over. Literally entire app industry worth billions of dollars use this model.

No, you are confusing freemium with advertising here, which is the predominant business model. The challenge with freemium is the conversion into paid, which you cannot predict unless you have proven the value hypothesis already.

> Again, I'm not claiming to be expert in this domain.

Actually nowhere in your original post do you include this "not claiming to be an expert" disclaimer.

As a result, when I read your original post, I assumed that perhaps you were an expert as there was no self-doubt at all evident.

I think perhaps that's what the allegedly negative post that you are responding to is getting at.

Yeah I understand where you’re coming from, and maybe my reply broke my own rule of giving advice without a personal story.

Where i’m coming from is having listened to advice from people who I looked up to, but who did it to get rid of me (because I was ignorant of protocols/etiquette), rather than being genuinely interested in my project. I’ve learned that the SV world has a high rate of failure and many are hungry, and they try to also carve out a role for themselves, or try to get involved somehow, even if that means they’ll claim competence in an area they’re not competent in. I was more naive then, compared to today, but believing these ‘gurus’ was a painful learning experience for me, because their advice often left me stranded in the end.

I’m not negative, it’s more just sharing my disappointments and struggles. Thanks again for your comment, which made me see I kinda broke my own rule