Really enjoying the conversations at (mainly the Russian part of) @joinClubhouse. Just hard to imagine how that level of engagement can be sustained long-term. Maybe it’ll transform into something else. Will be interesting to see.
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But tbh, I only know this b/c I've done the whole pitching to investors, raising seed rounds, developing MVP, G2M strategy, financial modelling, etc. It's less obvious how startups work until you've done it all.
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I only have very limited experience with it. Just enough to understand some of the basic lingo and that it’s not for me.
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Don’t know. There is a lot of survivor bias in these success stories. You can always explain it in hindsight. I’m also not yet sure they will sustain this success. If I was them I’d sell it right now or very soon.
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That's true. They're currently in the growth phase. It's very hard to maintain hype. Once the pandemic comes to an end their valuation could drop as user engagement drops. But they're looking into monetisation right now, so there's a solid chance of reaching series B.
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