Reputation has local value – it’s what distinguishes you within your world – but global demand for most people’s output is fairly elastic. In order to give people what they want, reputation is commoditized, bundled and traded on a global market.
Onboarding is considered to be the sequence in which a user is made familiar with a product. This happens through a set of interactions, instructions, or information on what to expect with the product’s experience.
Founders typically look past the fact that their user base growth is due to a free / very cheap product or in other words, their market penetration pricing. Founders that find the right product-market fit early on, will typically translate the value of the service to the customers very well. And as such the customer’s perception of value relative... See more