Wattpad

“Wattpad ultimately today's, you know, they sold for like over half a billion dollars. They're a marketplace for readers and writers. So anybody can create a story and anybody can read it. There's like a hundred million users today.”

“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.”

“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.”

“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.”

“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.”

“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 …”

“They've got, like, a hundred million or so active users, and they ended up selling for about six hundred million U.S.”