How does this app plan to monetize?
Jordon Lee
Stealth
a year ago
Same as Reddit did
Anise Lee
Student
a year ago
I also doubt the user base, as this app focuses on a niche which in itself could've been a sub-reddit, it'll be really interesting to see how this will go. One thing that I've noticed is users on this app have that paper so i guess they can pay for a subscription but it all comes down to why ? And on what vertical this app can expand to.
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Jordon Hyrum
Stealth
a year ago
I see a lot of potential to monetize once they've hit a prescribed user base. While the TAM seems niche, there has been a solid void for unfiltered feedback on orgs that can't be dictated by organisations like how it did for Glassdoor. That concise feature with sufficient data could be concise to give scores to orgs as voted by real folks in the system and could be gatekept under a paid model.
Beyond that, as you mentioned a fair amount of folks within the app are doing fairly well as seen across polls and posts. This opens up doors value added services that can be touched by members. Think how you get influenced by your peers from your insurances to demat accounts to what not, this can give you a more real feedback on things.
The 3rd way, which I believe the app for now has removed was on hiring. Something blind has done as well.
Beyond this, the app has potential to monetize by tapping into value added services think resume composition, or educational programs. Given the extensivity of data, they are at good position to capture the pulse rate and offer services to preferred partners with revenue sharing models.
I do have a few off beat ways that I think the app would eventually utilise, but that's probably foe when the team does any user calls and offers good coffee π
Aaron Denver
Stealth
a year ago
Also excuse the grammar and may have repeated things, don't hold it against me! Had a long day and wrote this on the go π
Blair Carmden
Student
a year ago
Thanks for sharing, it gave me a lot of different ideas that didn't seem obvious to me, it's really we put together, I'm just gonna do a deep dive on things you mentioned to get a better understanding of how these extensions will look like on monetization. :)
Jordon Denver
Stealth
a year ago
Wow grapevine just degened completely by going for scam xv
Kalan Lee
Student
a year ago
π to be fair it's all talk right? Also why scam XV ? Why are VCs portrayed as the bad one's ?
Kendall Carmden
Stealth
a year ago
Tis a joke, friend. VCs are good (ive been one myself - tier 2 VC tho), people inside make a difference, some push portfolios A LOT, some don't do much. Have been in a situation where I saw another VP completely removed a founder from the helm of a small seed stage startup, was brutal and humiliating for the founder.
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Isaiah Gabriel
Stealth
a year ago
Peak XV invested. 10% chance of financial irregularities in next 24 months lol.
Shows the ex sequoia folks haven't learnt a damn thing.
Ain't no way anyone on this app are paying shit. No matter how much they earn.
Jobs board as a business is a joke.
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