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I was one of the YC partners that decided to fund Slite. While I understand your concern, I can say from first hand experience, our decision didn't have anythi
by snowmaker 9y ago
I was one of the YC partners that decided to fund Slite. While I understand your concern, I can say from first hand experience, our decision didn't have anything to do with data.
We funded Slite because "another note app" might be a billion dollar company. "Another search engine" was Google, "another social network" was Facebook, and "another file storage service" was Dropbox.
Slite's plan is to charge users directly, similar to Slack. This has proven to be a great business model and means they won't need to resort to sneaky things like selling data.
- rubicon33 9y agoFair enough. I can appreciate that business model. Heck, I'm doing it myself. And I often tell my friends exactly what you've said - don't try and find something new just find something you can do much better (and then I point them to google, facebook, etc.). My main reason for posting was because while I did understand why you'd start a business that did X better, I didn't necessarily think that would be enough to convince investors. I was wrong!
- echevil 9y agoGoogle, Facebook, and Dropbox were all quite different from their competitors from very early on. I agree their business model could a the key to success, but from a user’s point of view, what is the reason that would make me want to pay for this new service? At a glance, it is quite similar to other note apps
- snowmaker 9y agoPrimarily, it's because it's designed to work for teams. Existing note apps are mostly built for individual usage and have sharing features bolted on. Slite's value proposition is strongest in a mid-sized company, where you can model the organizational structure within the product.