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Thank you for bringing up more highly relevant questions for our company! Our idea does indeed face a chicken-and-egg problem. The following strategies will be
by SherlockeHolmes 11y ago
Thank you for bringing up more highly relevant questions for our company! Our idea does indeed face a chicken-and-egg problem. The following strategies will be implemented to address concerns mentioned above -
i) We will aggressively market toward a niched group to find early power users. This group can be college students. A higher proportion of all college students are likely to resonate to Agora/Dais. This will be enormously valuable for the company during the early stage to a) fight off "ghost town" issues, b) gain feedback for iteration.
ii) Early employees, all with equity stake in the company, will be encouraged to regularly participate in the social network. We hope to make debating a part of company culture. This will also fight off "ghost town" problem.
iii) We aim to funnel the constructive and creative energies currently visibly abundant yet mostly wasted across social sites, blogs, comment sections, and discussion forums. We are similar to hacker news in this sense, that it is the first and most uniquely designed forum for hackers (in the broader meaning of the word). Agora/Dais aims to be such a thing for debaters of sociopolitoeconomic issues.
iv) Effective marketing of our values will help us find users who share the spirit of debating. Our challenge is to show that Agora/Dais can add value to the user's life by being able to talk about issues that affect them directly, and by being able to share in each other's knowledge on specific topics. Our "north star", the thing that gives value to our users, is each time a user gets a response. This is our metric of interest.
- SherlockeHolmes 11y agoI wish to take the liberty to clarify myself, since the down vote is worrying. My post, at its surface, appears full of "marketingspeak" and cliched language. But in essence, each of the points are directly implementable solutions that address the challenges raised by HN user in parent comment. i) I provide a viable (albeit well known, but this doesn't make our strategy weaker) early growth strategy that targets a specific user group. ii) Another well known but nevertheless essential custom for early startups. I understand that mentioning such basics may take away from my credibility, but we must realize that startups often fail because they forget the basics. iii) I suspect this comment can be deemed too vague. It is encompassing the uniqueness of Agora/Dais, and expressing it by invoking comparisons to hacker news. My purpose is not to cozy up to the user base here, but to state the truth. Hacker news is highly unique in how well its content is organized and displayed. HN is also unique in how its user base interacts (content-oriented as opposed to profile-oriented). Agora/Dais respects HN and will learn from her best points. But we are not direct competitors. Targeted social capital of our product, its UI, and the targeted user base are all differentiated substantially. iv) This point states a fundamental company operating principle. The vision of Agora/Dais is to dramatically improve the quality and quantity of debates held online and offline on relevant topics, and to see our platform become a facilitator for improved quality of life among our users. This is a very important point that will be highly featured in all of our presentations to VCs.
- pjlegato 11y agoThis is indeed pretty vauge. The question was, "how will you acquire users?" and the reply was "We have a way to acquire users." OK, what is that growth strategy?
- pjlegato 11y agoi) What exactly will be involved in this aggressive marketing to a niche group? That's a very broad statement, and a very difficult task. Do you have specific plans for how to do this? ii) Are the employees expected to do this as part of their regular job? Writing enough content to overcome the ghost town effect is a fulltime job in itself, for a whole team of people. ii-B) Is your pitch to investors that they should give you a ton of money to hire people to write content to make your site interesting? How will you identify such people? iii) How will you do this funnelling? Why should people who debate sociopolitoeconomc issues care about your site versus the many existing blogs, forums, newspaper comment pages, and so on that they use now? It's all well and good to say you'll design it just for them, but what exactly does that mean? Why are the existing solutions not good enough?
- SherlockeHolmes 11y agoThank you for the additional questions. Dais/Agora is approximately 3 weeks old since conception. As it is with most natural progressions, the company began as a dense clump of inspiration that has been unraveling itself within my mind over this short period of time. Its features were much less recognizable compared to its current stage when I submitted YC Summer 2016 application. The very limitations of start-up evolution given the stage Dais is in necessitate formulation of generalized strategies in relevant space that take on specific forms as the business progresses. A prudent entrepreneur knows how to wait for an idea to unravel itself, takes notes of important developments, and acts decisively yet flexibly. With these in mind - i) Youth in their twenties (see my answer to user 'bestattack') will be targeted as early power users. 3rd and 4th year undergraduate students and graduate students are most sociopolitically motivated to engage in discussions online and offline, and can be reached in large numbers by marketing on selected college campuses. A specific example scenario - we will deploy flyers, recruit users through student groups, and employ the campus newspaper at UCB as three major avenues to increase our user base. I can provide an example flyer if desired, but that's better not done until parts of the product is built over the next few weeks. ii) There is no single path to solving the biggest challenges of a start-up (i.e. early growth, establishing a market, etc.). Employees of Dais/Agora are hired with specific goals in mind, and their responsibility lies in meeting these goals to contribute to company’s bottom line. Voluntary employee involvement (as users) in the online community built by the company will be partially effective in fighting off “ghost town” issues if needed, but by no means is that meant to be a primary solution. ii-B) No, we do not hire people to write content. That would be a death knell for our company. Therefore, the need to identify such people is nonexistent. The content will be created by the users as they have conversations on relevant topics. iii) There are two forms of marketing – a) explicit marketing, and b) implicit marketing. In the former, a company will rely on advertising and focus groups to grow its market. In the latter, the company turns inward and aims to perfect itself on its vision, so that customers will be drawn by the quality of product and clarity of its purpose. Inherently viral features (eg. prompted to recruit FB friend on common "debate topic") are also categorized as forms of implicit marketing. At Dais/Agora, we will heavily rely on our well-planned and –developed product as a marketing tool. Other sites present in this space including Brigade, DebateMe, Debate.com, State, and Lighthouse fall significantly short of providing an appropriate debating space. Their traffic is miniscule, their content switches between popular and sociopolitical topics, and breadth of discussion within these topics is wanting. Please see my detailed post on this subject elsewhere in this thread. Dais/Agora fully commits to idea of debating and leaves behind any unnecessary element of social networking at large. People currently meet their debating needs via commenting on news articles and posts on social networks. Neither space is dedicated to conversations between users. In Dais, the user will receive peer responses on specifically initiated topics backed by evidences. This format will influence the conversations to be constructive, since it is designed to bring clarity to messages. Users, currently unsatisfied while debating sporadically across sites, will be satisfied by Dais' organization of topics and responses which will improve readability. It will also allow users to subscribe to chosen topics more effectively. The ability of the user to initiate debates will allow more local issues to be brought into attention, that are currently neglected due to bottleneck in news media.