Consumer Apps

“I think every consumer app will get rewritten in the next five to 10 years. You know, why would I not have my agent talk to my DoorDash app or Uber app?”

“I also saw that there was a huge gap in the market where there were all these apps that weren't necessarily designed to solve. Female issues because they were designed by men.”

“I would say women are going to dominate this app space and men should prepare for that because women dominate Distribution.”

“Right now tech isn't a hard thing to build at all, which means there's a lot more buyers out there who can feel like, Hey, I can just take this product on and just market it better than you and then get more money and more profit margin.”

“I think when you have your D one retention, Somewhere around, like, the 30 or 40% mark, like, that's quite solid, I think, for a consumer app.”

“I think, especially if you have a product that has daily frequency, like that's the, actually the retention that matters the most is that like of your existing user base that has developed a habitual pattern, how sticky is your product? And it's that retention…”

“We don't have a breakout, there's no standalone breakout consumer app. There's no one, there's no, there's all these, there's, there are all these enterprise SaaS stuff. There is not really a consumer equivalent. There aren't hundreds of consumer apps using th…”

“If you're building a consumer app, you have to move beyond the chat box. People do not want to always type out what they want.”

“So first off, I think even in a world without COVID for a consumer app like this, I think VCs are very cautious just in general for consumer apps. There are only a handful of VCs that want to do them at an early stage. And I think in particular, when VCs do in…”

“You, like, you need to have a huge TAM, right? Total, like, you know, huge total addressable market that you can go after. That's the only way that consumer works because you have to make content that is going to be, like, broad enough that, like, a large enou…”

“That you can just copy these apps and get 10 K MRR within a couple of months. Probably if you just copy the content, copy the app do some slight differentiation”

“It was always very difficult to get the flywheel spinning for anyone after like, 22 years old. That, that was like the cutoff of when People just have, give up on adopting new products.”

“Because at the moment you can't make a consumer app that's free and have a hundred million users because you can't afford the inference cost.”

“Our one-month retention is 84%, our three-month retention is 67%, and our twelve-month retention is 42%, and I'll note that normal consumer apps that are subscription-based the twelve-month retention is 21% is the median, so we are double that.”

“I think a lot of consumer apps focus on that versus revenue on the early days.”

“Like, I don't have any advantage in finding product market fit with a consumer app more than the twenty-two-year-old Justin.”

“I would love to see some form of consumer apps come back. I think we're at like a pretty boring place for consumer apps for the last bunch of years, and I don't think we're done building them. That's kind of, I don't know how that would happen. I think you'd n…”

“I think it's early, but the consumer apps will come in, you know, call it three years or something like that.”

“And in consumer, I think it's harder to be a repeat consumer entrepreneur, right? Because you typically start an app, you know, let's say, and launch that thing, and then you try to start another one, but you can't bring that same customer base over. You've go…”