Noah Kagan Presents

Solving the Cold Start Problem (w/ Andrew Chen)

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Dec 2, 2021
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ANECDOTE

AppSumo's Cold Start Solution

  • AppSumo's cold start problem was solved by offering bundled deals at conferences.
  • This incentivized vendors to promote the bundles to their own audiences, growing AppSumo's email list.
ADVICE

Build Atomic Networks

  • Build multiple small, stable user networks (atomic networks) to achieve critical mass.
  • Once you can build a few, scaling becomes easier, like AppSumo's conference bundles.
ANECDOTE

Tinder's Party Trick

  • Tinder initially struggled with user acquisition until they threw a USC party.
  • Requiring attendees to download Tinder and fill out a profile led to 500 sign-ups in one day.
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