Invest in product, and build something customers love, Define your ideal buyer persona, Come up with your acquisition strategy // build your flywheel, Determine your payment model, Drive towards efficiency
The “monetize the individual” disruption should serve as a catalyst for the business reinvention of media companies who choose to recognize and react to this “new” (I know it’s not new but what’s old is new again) trend forming. It’s not just about enabling and “liberating” creators and talent, but more importantly about maintaining, supporting and... See more
But just as there are reasons why these design patterns won out, we shouldn't let survivor bias blind us to their inherent tradeoffs. The next wave of social startups should learn from the weaknesses of some of these choices of our current social incumbents