Startup Professionals Musings

MAY 30, 2021

Foursquare is good example of a modern hyperlocal site, which describes itself as “50% friend-finder, 30% social city guide, 20% nightlife game.” Watch out for local sales force requirements. Look at how large Groupon and Living Social’s sales forces are, and they are still struggling to maintain profitability.

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Hearpreneur

SEPTEMBER 9, 2022

The project was a little unexpected – creating customer cereal boxes called Obama-Os and Cap’n McCains, timely for the 2008 elections. The sales helped them raise $30K and the attention of a startup incubator, which offered them training and another $20K in funding. Thanks to Lorie Carson, Real People Finder ! #20-

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Startup Professionals Musings

SEPTEMBER 20, 2013

Foursquare is good example of a modern hyperlocal site, which describes itself as “50% friend-finder, 30% social city guide, 20% nightlife game.” Watch out for local sales force requirements. Look at how large Groupon and Living Social’s sales forces are, and they are still struggling to maintain profitability.

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Reid Hoffman

OCTOBER 17, 2018

We decided that what was missing was a Contact Finder, a version of search that would let a LinkedIn user find potential vendors. Operating on the embarrassment principle, we launched without Contact Finder. Rule #7: Ignore Your Customers. The fundamental rule of customer service has long been “the customer is always right.”

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VC Cafe

NOVEMBER 2, 2010

They hope to raise awareness through viral marketing and word of mouth, since participating in professional industry events can be a pretty expensive ordeal when you take into account hotels, flights, tickets, etc. Fribiz boosts engagement, grow sales and gives users a real value for what they are really worth.

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Occam's Razor

JUNE 11, 2014

Zappos has great return conditions and very good customer service. That gets it xx million customers. But if they decided not have a Motel 6 experience, rather step up to a Hilton, or God forbid the Four Seasons, could they have xxx million customers (and improve margins while they are at it)? other stores/brands).

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