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theSamParr's profile
Sam Parr ⚪️
Sam Parr ⚪️
Sam Parr  ⚪️
@theSamParr

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Sam Parr  ⚪️

@theSamParr

Love motorcycles and dogs. CEO of The Hustle. Internet entrepreneur and investor. Always scheming. ya, check mark is a joke

San Francisco
thehustle.co
Joined July 2012

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    1. Austin Rief  ☕️‏ @austin_rief May 3
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      You know what's worse than not having a subscription business model? Having a subscription model for a product no one wants.

      12 replies 14 retweets 225 likes
    2. Ben Tossell‏Verified account @bentossell May 3
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      Replying to @austin_rief

      Or having sub $20 monthly subscribers. That shits the worst

      2 replies 0 retweets 0 likes
    3. Austin Rief  ☕️‏ @austin_rief May 3
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      Replying to @bentossell

      You think low ARPU subs are the worst?

      1 reply 0 retweets 0 likes
    4. Ben Tossell‏Verified account @bentossell May 3
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      Replying to @austin_rief

      Yeah* But not actually the worst vs actual worst ie shit product, no customers etc.

      1 reply 0 retweets 0 likes
    5. Austin Rief  ☕️‏ @austin_rief May 3
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      Replying to @bentossell

      Interesting - I think there are lots of <$200/year successful subscription businesses. Especially in media.

      2 replies 0 retweets 2 likes
    6. Ben Tossell‏Verified account @bentossell May 3
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      Replying to @austin_rief

      Yeh media would make sense. As you pay to consume, it’s your problem if you don’t agree. Software sees more annoying customers at those levels, who are vocal about a lot of things.

      1 reply 0 retweets 1 like
    7. Sam Parr  ⚪️‏ @theSamParr May 3
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      Replying to @bentossell @austin_rief

      It’s not the worst, but it’s not good. People need to raise prices big time. Media in particular are the biggest offenders. We made the mistake of charging too little at first but prices going up big time soon. For many in media, $2000k/ year would be better than 10/month

      1 reply 0 retweets 2 likes
    8. Sam Parr  ⚪️‏ @theSamParr May 3
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      Replying to @theSamParr @bentossell @austin_rief

      Followed closely by Silicon Valley productivity apps

      1 reply 0 retweets 2 likes
      Sam Parr  ⚪️‏ @theSamParr May 3
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      Replying to @theSamParr @bentossell @austin_rief

      Source: I co own a product saas app. At $4.99/month, growth is incredibly challenging. The company who can spend the most to acquire a customer wins.

      1:38 PM - 3 May 2020
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      • Ben Tossell
      1 reply 0 retweets 1 like
        1. Joel Runyon‏Verified account @joelrunyon May 3
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          Replying to @theSamParr @bentossell @austin_rief

          which app?

          0 replies 0 retweets 0 likes
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