When it comes to pricing, your product should be cheaper than high-quality alternatives (people love telling their friends about a new, cheaper, product they discovered). However, your unit economics need to make sense: Don’t sell them a 1$ product for 50 cents!
WANTED
A founding engineer to join Rostra and work with me on a novel tool for founders.
Like a Waymo, you will be fully self-driving. Like the media's portrayal of a Waymo, you will go through walls if that's the shortest path.
You will choose your own tools for... See more
It is as if we have forgotten that a product is an object moving through space, fighting gravity, air resistance and other forces of nature. Companies, though, are only too aware of it. While we choose and buy our purchases with mere inch-wide movements of our thumbs, they are busy rearranging the physical world so that our deliveries pelt towards... See more
The main thing you need to know about instructions is that no one is going to read them—at least not until after repeated attempts at “muddling through” have failed
The main difference between Medium and Spotify is that Spotify is public about the share it gives to musicians (about 70%), because at least in the music industry, most of the rights are owned by a handful of labels who can pressure Spotify. Medium doesn’t face that pressure, because there are millions of writers who don’t coordinate. So Medium’s... See more
Karat’s founders hope to do something similar with their card. Like Brex, Karat doesn’t require a personal guarantee. And like Brex, Karat hopes that it can turn its underserved market into a gold mine.