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@RamliJohn @ebellityhilsimon  Any startup that succeeds is the exception and not the rule ! So what ? If a founder wants to create a social consumer product, he can. Maybe her chance of succeeding will be 1/500 instead of 1/100. You just have to know it before you start and take that risk.


It's not because it's really hard to become a rock star that every person who loves music should aim at singing at weddings.


@williamle83000 are you kidding me ? Facebook and Google are making a shitload of money. Twitter will get there.

10 months, 3 weeks ago on The one reason why most startups fail

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First, I would argue that the number one reason startup fails is problems between founders


Second, social consumer products are a different kind of animal. I really admire the 37signals philosophy where profit is the only god, but in the category of Facebook, Twitter, Snapchat, Instagram, Pinterest etc, the most important thing is to scale to a massive network of highly engaged users. Facebook in 2013 made 5 BILLION DOLLARS in revenue. That's roughly 1M per employee or 5$ per user. It's real.

10 months, 3 weeks ago on The one reason why most startups fail

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This happened to me in 2012 as well in my apartment in Paris, but it was female prostitutes (~ escort girls). I've had a few other weird stories. The crowd using Airbnb now if very different from a few years ago, especially in big cities, so you have to be extra careful. There is a trust issue and Airbnb won't go very far about it because it could get in their way of growing the business. More specifically they don't want to : 

- say too much about the identity of the person, FB info etc. before the reservation, which would make it easier for people to get in touch without the website and they would lose the commission 

- asking too much information to the renter, which could add some friction and reduce conversation rates



1 year, 1 month ago on Airbnb host left violated after busting fanny pack-clad male prostitutes in her apartment

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It's good for business, but it's not as exciting as the previous mission of Skillshare imho. I attended two or three classes in 2011 and going to physical classes was awesome, and disruptive in a certain way. I loved it. Now, they haven't invented online video courses ... and it's an exciting space too, but it's sad that (practically) nobody can deliver on that first vision of online portal for physical classes. It's true that the math probably didn't add up very well... maybe it should have been funded by the Knight Foundation or something !

1 year, 1 month ago on Skillshare has spent the last year quietly transforming itself. It’s working

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@rahulvarshneya @ebellity would it be possible to get more metrics or maybe get in touch with them for advice ? My co-founder had some other apps before with decent success but it never really clicked for advertising.

1 year, 3 months ago on Conversation @ http://www.entrepreneur.com/article/228089

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Any idea what they make with advertising ? On our side we have more downloads than in your example and make very little money with advertising (we tried interestitials with Mopub and HD videos with Vungle) 

1 year, 3 months ago on Conversation @ http://www.entrepreneur.com/article/228089

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