The Ledger
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Thompson: Cold email succeeded for Podseeker at just $50 per month
“People often will say, you know, cold email outreach is kind of Like pointless unless your average contract value is like, you know, under over 5000 dollars and things like that. But I found like even for this 50 dollar a month product, like the conversion rat…”
Thompson: Founders should accept lower acquisition offers for a smoother process
“If you know, you had two buyers and everything else is equal apart from, you know, one's offering you less money, but you know, it's going to be a smoother acquisition and one's offering you more money, but it might be, you know, a bit more hellish than, you k…”
Thompson: Cross-border Stripe transfers require major code changes
“Transferring a Stripe account from one country to another, if you're transferring it within country, it's relatively straightforward, but from one country to another is wildly complicated and you need to make like a lot of code changes. And it's a really heavy…”
Thompson: Podseeker suffered high churn due to non-recurring user needs
“One thing about Podseeker is it was a great business and it always brought on new customers, but it was a really high-churn business. Like the problem, it solves a real problem, but it's not necessarily a recurring problem for a lot of people.”