aelhaji

4 ms·

1.
by aelhaji 1y ago
I see that most responses in the thread focus on the technical challenge, while in reality this barely will reflect on your ability to monetize. Monetization is almost always NOT a technical challenge. Even less so than marketing and sales.
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by aelhaji 2y ago
No, that statement is a subjective assessment. Any company, including shell companies, will have business activity on paper. In other words, there are invoices, financing or a combination. This is why it’s difficult to define shell companie
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by aelhaji 5y ago
Here you go! https://www.nature.com/articles/s41586-021-03250-7
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by aelhaji 7y ago
So when can we expect DeepMind vs OpenAI?
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by aelhaji 8y ago
Frictionless retail and ecommerce
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by aelhaji 8y ago
Depends on what you would like to focus on. If you want to capture the complete demand curve for a product, then you're right. In that case the participants shouldn't be aware of any other alternative to get the product. But you c
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by aelhaji 8y ago
It's done with so-called value induced auctions. In this type of auction you simply bid on a voucher that's worth $x dollars, where x is different for each participant. Theory predicts that your bid should be $x (your maximum will
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by aelhaji 8y ago
Let's say that the first bidder placed as a proxy bid $100 but eBay only shows $1. This will already exclude everyone who has a maximum-willingness-to-pay lower than or equal to $1. A second bidder might put as a proxy bid $120. This w
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by aelhaji 8y ago
The basic problem is what price to set. You don't want to take the risk to set the price too high (probability of not selling at all) but at the same time you don't want to set the price too low (profitability). What if you could
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by aelhaji 8y ago
That's simply not true. If your maximum willingness-to-pay for a SaaS solution is, let's say $5 per month, then a Vickrey auction will reveal that and the seller can decide to sell it to you at, let's say, $3.
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by aelhaji 8y ago
The eBay application isn't really appropriate because eBay always reveals the highest bid, which removes the incentive to reveal if you have a lower willingness-to-pay. A pure application of the Vickrey auction gives all participants a
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by aelhaji 8y ago
I agree that skin in the game matters. But my point is a bit more subtle. Imagine the following situation: I present you a new product and I'm going to ask you how much you're willing to pay for it. Let's agree that you'
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by aelhaji 8y ago
"Asking people what they’d pay for and how much rarely works." Yes, asking a person about what he or she is willing to pay _hypothetically_ doesn't work. But there are numerous scientific studies that show that using a Vickre
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by aelhaji 8y ago
Sent you an email.
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by aelhaji 8y ago
The elephant in the room is the lack of true dynamic pricing in SaaS. Dynamic pricing optimizes value capture and at the same time unlocks more value to users who otherwise would be stuck in the free tier. Of course, dynamic pricing is not