In yesterday’s session, I made up the unicorn formula ... but it’s applicable to every start up / business.
1) Tech / product / service: What
X
2) Users: Who
X
3) Cash generation (potential): Why
... we used this formula to breakdown why Clubhouse has been so successful in such a short period of time.
~ Tech: Seems pretty straight forward... iOS only.
~ Users: They crushed this... FOMO / exclusivity: 6.5 million users
~ Cash: No clear signs of how they will monetize
Valuation = $1.2 billion last time I checked...
... Damn (MashaAllah)
My non-technical view of this:
If you can successfully create a community / a user base for anything, you’re onto a winner - as long as you figure out how to make money from it (eventually).
❤️
Jointeamboost.com for more doodles 👇🏽
1) Tech / product / service: What
X
2) Users: Who
X
3) Cash generation (potential): Why
... we used this formula to breakdown why Clubhouse has been so successful in such a short period of time.
~ Tech: Seems pretty straight forward... iOS only.
~ Users: They crushed this... FOMO / exclusivity: 6.5 million users
~ Cash: No clear signs of how they will monetize
Valuation = $1.2 billion last time I checked...
... Damn (MashaAllah)
My non-technical view of this:
If you can successfully create a community / a user base for anything, you’re onto a winner - as long as you figure out how to make money from it (eventually).
❤️
Jointeamboost.com for more doodles 👇🏽