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by nugget
1119 days ago
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Neeva failed because they didn’t understand distribution. Sundar became a rising star and ultimately CEO of Google because he directly managed more paid distribution and user acquisition for Google search than anyone else. Not a coincidence. Google promotes the narrative that they organically grew to dominate the search market when in fact they spent many billions of dollars on user acquisition (while also, for most of that time, having the best product). |
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No, the team and its VCs fully understood distribution.
Neeva never got to the point of having a compelling enough product where cost of user aq was below LTV for a large enough market.