Tony Stubblebine discusses the active coach supply and payout distribution on Coach.me with host Nathan Latka.
Opinion
Stubblebine: Twitter's early turnover was team upgrading, not co-founder feuds
“It wasn't that the co-founders were feuding at the, or that there was any sort of scandal. It was just, they're constantly trying to upgrade the team in order to keep up with what Twitter ended up being, which, you know, obviously had nothing to do with where …”
Opinion
Stubblebine: Jack Dorsey was the only reliable employee at Odeo
“The you know, the whole team was really chaotic, and I mostly spent time dealing with other people's problems, and Jack was the only reliable person.”
Opinion
Stubblebine: Hatching Twitter has minor factual errors but feels broadly true
“The book itself is basically true. The story rang true. A lot, all, almost all of the facts that I knew about were wrong in some minor way as I read the book, but the actual story of it felt true.”
Insight
Consumer eyeball startups now require 50 to 100 million active users
“The standards for an eyeball business, when I started working in startups in 2005 was our rule of thumb is if you got 300,000 users, you are guaranteed at least a major acquisition. And now if you can't get 50 or a hundred million users, you're not really anyt…”
Assertion Not checkable as stated
Stubblebine: Coach.me hit a 5% freemium conversion rate in early testing
“We were running the free side of the challenge and the paid side. And our conversion rate was like five percent. So, you know, like in freemium conversion, like you're lucky if you get to three percent.”
Disclosure
Coach.me takes 50% on marketplace leads and 10% to 30% on coach-sourced clients
“We take a cut of the coaching. All the coaching happens through our online tools, and we take, if we bring the client, we bring a ton of the clients, we take 50%, and then if they if they bring the client, they take somewhere between 70 and 90%.”