“So for us, we were always careful about ever showing things like a leaderboard or ever showing, Hey, here are the top 10 creators on Dovesmash. We always wanted to make it feel like Dovesmash was accessible and everyone had a shot at being able to be famous.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Suchit Dash
Opinion
Dash: TikTok's strength lies in disregarding privacy and conventional rules
“Probably a disregard for privacy and conventional rules.”
Suchit DashSep 13, 2023▶ 57:36Suchit Dash: Scaling Dubsmash to 43M Users, Battling TikTok & Joining Reddit | E1060 · 20VC with Harry Stebbings
AssertionSupported
Dash: TikTok's 2019 Ad Spend on Facebook and Snap Cannibalized Their Users
“The ad targeting at this point in 2019 had gotten so granular You could actually get to, like, a city level, a user demographic level, and TikTok leveraged all of that. And Facebook and Snap all benefited because they saw tons of money coming in in the form of…”
Suchit DashSep 13, 2023▶ 38:51Suchit Dash: Scaling Dubsmash to 43M Users, Battling TikTok & Joining Reddit | E1060 · 20VC with Harry Stebbings
Insight
Most startup sellers should focus on closing one offer, not negotiating
“And really very few companies are in the position of fielding multiple offers. Your goal is really to optimize, to get an offer and get it over the line. And I think oftentimes entrepreneurs forget that.”
Suchit DashSep 13, 2023▶ 43:08Suchit Dash: Scaling Dubsmash to 43M Users, Battling TikTok & Joining Reddit | E1060 · 20VC with Harry Stebbings
Insight
Dash: Term Sheets and LOIs From Tech Giants Mean Very Little
“Term sheets and LOIs, even from some of the largest companies in the world, Mean very little. I think oftentimes entrepreneurs can get really excited by it, but generating those is not very difficult for a large company to do.”
Suchit DashSep 13, 2023▶ 45:13Suchit Dash: Scaling Dubsmash to 43M Users, Battling TikTok & Joining Reddit | E1060 · 20VC with Harry Stebbings
Opinion
Dash: Reddit community consensus is more trustworthy than friends' opinions
“People actually weigh in, and it's become so trusted, because the aggregation of the community and the community actually giving it weight on what is valuable and not, is more trustworthy than necessarily what your friends think about something.”
Suchit DashSep 13, 2023▶ 0:02Suchit Dash: Scaling Dubsmash to 43M Users, Battling TikTok & Joining Reddit | E1060 · 20VC with Harry Stebbings
AssertionNot checkable as stated
Dash: Early Dubsmash had poor retention of about five percent after 30 days
“The hard part was that we saw the retention really early and it was awful. After about 30 days out of a hundred people, maybe five stuck around. It was more like a party trick than anything else.”
Suchit DashSep 13, 2023▶ 14:05Suchit Dash: Scaling Dubsmash to 43M Users, Battling TikTok & Joining Reddit | E1060 · 20VC with Harry Stebbings
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