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I worked at a startup that pivoted away from this product so have the same question. We found that people wouldn’t pay for our product that showed financial pro
by YPCrumble 4y ago
I worked at a startup that pivoted away from this product so have the same question. We found that people wouldn’t pay for our product that showed financial projections based on current data.
I would be really interested to hear how this product is different - maybe there’s a different monetization strategy or a different marketing strategy?
- scubakid 4y agoSo far I've just been building what I really wanted to exist for my own planning purposes combined with the best ideas from early adopters, and then I've posted in a few places and gotten a little traction here and there. I can see how it might be difficult to build and sustain a real startup around this kind of product; it does feel a bit niche, and I haven't tried ads but I've always imagined that the target audience would probably be especially hostile towards them.
- actuallyalys 4y ago> I can see how it might be difficult to build and sustain a real startup around this kind of product Yes, I think the most important difference is that, as far as I can tell, you're looking for a bit of side income rather than trying to jump start a whole company.
- scubakid 4y agoWhat direction did that startup take their product out of curiosity? Did they ditch the projection/forecasting element altogether or still keep a vestige of it?
- YPCrumble 4y agoPivoted to a B2B API in the same sector but fairly unrelated features-wise. Basically they had a few B2C customers who had a more pressing problem than forecasting, and the company provides an API for other companies to solve that problem for consumers as a feature.
- ekanes 4y agoA startup pivoting away can mean a few different things, but one thing it doesn’t mean is this couldn’t turn into something big for a long-term-focused solo dev!