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So here is my 2cents. Having built a startup whose target market was other startups, I would say avoid it. Unless you're building a utility platform like say gi
by brianbreslin 13y ago
So here is my 2cents. Having built a startup whose target market was other startups, I would say avoid it. Unless you're building a utility platform like say github or attlassian, who are not startup specific, selling to startups sucks.
Figure out how to make this a product any enterprise middle manager can buy and pay $200+/month. Startups won't pay the same rates that even mid-size companies would.
The volume you need of customers to make it a viable business at $50/month or less is ridiculous, and the number of startups limited.
Also they have high turnover, so your LTV of your customers will get halved potentially vs enterprise customers.
- btrautsc 13y agothis is such an undervalued point (which many in SV ignore). many, many "startups for startups" die because naturally most startups die. [no judgement on this proposed service - it indeed looks interesting]
- krmmalik 13y agoTo be fair. There are already quite a few players in the enterprise space. Eg AgilOne and Splunk. I don't disagree regards the "startups for startups" point though.