Consumer Social Apps

topic on 2 shows · 2 statements across 2 episodes

My First Million the Startup Ideas Podcast

2 statements about Consumer Social Apps, every show

Goldstein: Consumer Hangout Apps Consistently Fail Due to Negative Selection Bias
“It's an app to help you hang out with people when you're bored. And all of these apps have failed. Like all of them have failed. Like they just don't work. There's this negative selection bias where it's like the people who actually want to hang out are not th…”
Brett Goldstein Jul 1, 2024 ▶ 3:00 SaaS apps that will print profits
Puri: Predicting winning social apps is nearly impossible even for top VCs
“And so Jack pointed out, he's like, if even the best guys who have had the home runs have a bunch of swings and misses with social, it just shows how hard it is to like correctly predict social before it plays out.”
Shaan Puri May 28, 2021 ▶ 21:14 How Vending Machines are Generating Millions & The Next Big Social App | My First Million #187

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