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Actually the YC startup school says you should not pay for customers initially. Paid ads come to a later stage.
by InvOfSmallC 6y ago
Actually the YC startup school says you should not pay for customers initially. Paid ads come to a later stage.
- amdavidson 6y agoIts not particularly useful to just parrot the information without also including their justification; not all of us take YC mantras as the gospel. Did they give you a reasoning for this guidance?
- apatters 6y agoYou don't know your LTV, churn rate, or even if you have product market fit at the beginning so paid acquisition is sort a gamble. I think YC soundly advises that you get your initial customers in ways that are less scaleable and get to know them a bit before you turn on the firehose.
- rfrey 6y agoI have not attended the Startup School, but I imagine there's a lot of value in personally recruiting your first 20 or 50 customers. You get to talk directly to them; you get a chance (not easy, though!) to find out the real reason they stopped using it, etc.
- marcosdumay 6y agoI imagine you can talk to people that see your ads too. Going after your customers looks great (honestly, I have zero successful experiences either way), but it is really hard for people that have a day job.