Experienced startup founder with successful exits. Building GOTYOU, a Web3 platform for customer interaction. Passionate about consumer product development.
It is amazing that its 2024 and there is still such a huge discount between marketing spend and customers walking in a physical store. https://t.co/qK2iAIuujd
@MarriottBonvoy@MGMGrand@MGMResortsIntl This partnership seemed like a good idea, but when you check-in don���t expect anything close to what Marriott normally provides titanium elite. Only paid upgrades. No water, no points, no credit, no late check out..
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HOT TAKE: buying things is significantly less exciting than it used to be.
Maybe it’s just me, but I think most companies:
1) have stopped making innovative, useful products
2) focused on building subscriptions
3) believe trapping customers is better than building anything truly amazing
It’s been a VERY long time since I’ve experienced being super excited for any product.
Consider this: Only 30 years ago, the advent of the internet browser revolutionized our world, granting us instant access to information and a new way to connect. Then, 15 -20 years ago, the mobile phone took this a step further, enhancing our ability to communicate on the go. Now, we stand at the cutting edge of Web 3.0, a new era where communication is not just universal but also deeply personal and authentic. In this landscape, we interact directly, free from the constraints of intermediaries, shaping a more connected and genuine digital world.
I’ve now heard of two VC firms that closed funds in 2021 but recently asked LPs to re-open that fund to add more cash and extend the investing timeline for a few more years. In other words, dilute the frothy investing decisions / valuations of the earlier vintage.
Clever. Wonder how common this is?
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