Allen Lau

Everything Allen Lau said on any show that made the record, most notable first. Each card names its show and opens the statement there.

PRODUCT MARKET FIT Insight

Lau: Free products with 1,000 users after one year lack PMF

“When you think about this for a free product, when you have only have a thousand users after a year it's not something that you should celebrate. It means you don't really have a real product market fits.”

Allen Lau Mar 8, 2024 ▶ 12:00 How to Launch a Marketplace | Allen Lau, Founder of Wattpad · PMF Show

PRODUCT MARKET FIT Assertion Not checkable as stated

Wattpad took two full years to get its first user-uploaded story

“Two years after we started, we finally saw the first upload to our platform. It took two full years, even though the upload button was, has always been there.”

Allen Lau Mar 8, 2024 ▶ 13:03 How to Launch a Marketplace | Allen Lau, Founder of Wattpad · PMF Show

PRODUCT MARKET FIT Insight

Lau: Scale supply first because supply waits, but unmatched demand churns

“You cannot scale the demand first because the when there's no supply, there's, Absolutely will be serious retention on your demand. That's why you have to scale the supply first. And supply can wait for the demand, but not the other way around.”

Allen Lau Mar 8, 2024 ▶ 21:04 How to Launch a Marketplace | Allen Lau, Founder of Wattpad · PMF Show

PRODUCT MARKET FIT Disclosure

Lau: Wattpad seeded content with classic books and solved discovery through SEO

“The, what was intentional was the classic book strategy. We imported that on day one, but how we get it discovered, it was a big problem. And discovery on mobile was even worse. So we tried different experiments and it turned out SEO at that time, ah, was the …”

Allen Lau Mar 8, 2024 ▶ 6:12 How to Launch a Marketplace | Allen Lau, Founder of Wattpad · PMF Show

PRODUCT MARKET FIT Assertion Not checkable as stated

Lau: Early Wattpad Generated $2 Monthly from Ads Against $5 Hosting Cost

“We had some banned ads on our website, and we generate two dollars in a month from Google. I wish I kept that check. Good thing to post in the background. But I the point is Because of the usage was so low, our hosting cost was only five bucks.”

Allen Lau Mar 8, 2024 ▶ 14:36 How to Launch a Marketplace | Allen Lau, Founder of Wattpad · PMF Show

The other half of the tape: Allen Lau's own voice is left out of every number here. Other people bring the name up 12 times in 5 episodes across the shows. every mention, with the transcript →

Who brings them up most Pablo Srugo 11Mike Murchison 1

Every mention by year

One line per show, most statements first. The link opens Allen's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

Show	Role there	Eps	Statements	Record
PRODUCT MARKET FITLEDGER	Co-founder & Operating Partner, Two Small Fish Ventures	1	5	—	full record on A Product Market Fit Show →