And if avatars perform well/are sticky, users in the free trial will subscribe for continued ‘discounted’ avatar purchases. Really clever two pronged revenue strategy.
One of the most impressive aspects of Lensa AI is the pricing model. 7-day free trial subscription plan with a 50% off avatars feature while you’re a subscriber. Their hypothesis was that a 7-day trial + 50% off would create a FOMO purchase opportunity for avatars. Smart.
@joshelman Alternative take: End of connected content and social graphs. Emphasis is now on unconnected content and ML-powered reco. Maybe can summarize as ‘Who/what you interact with’ vs ‘Who/what you friend and follow.’ Web2 was the focus on mobile, which is here to stay for a bit longer.
@shahman28@mwseibel The lack of passion comes out in the product eventually. You don’t want a product company where people are hanging around because of TC only.
@tylertringas From Series 0 to now - GPS, LTE and Water resistance were added. WatchOS responsiveness improved. Health and fitness tracking increased in popularity. AirPods were introduced, allowing for iPhone-less exercise. iPhone increased in popularity ~400M to ~1.2B.
‘Wearing many hats’ is often used as a description for a scrappy startup with broad responsibilities. Most startups > 10 people need clearly defined roles, responsibilities and goals. Everyone doing everything is a lack of focus and a bottleneck.
Apple Watch Ultra is Apple’s best product in the last ~10 years. Ultra is a focused, big bet on the future of wearables while maintaining a balance of tech, design and usefulness. When Apple shines, they shine the brightest.
@santi_francis_ @algridmd@Carnage4Life A for loop is the fastest way to find the min value in an unsorted list. It’s like 2-3 lines of code and runs in linear time. Why would you best case sort in nlogn time? Optimizing would be something like storing the min value during insertion or deletion of elements.
@Carnage4Life Depends on the product though. Hardware, automobiles, aircraft/spacecraft, large construction projects etc will need a multi-year roadmap. Not everything is software.