So, you need customers. Shocker. And while Facebook and Google ads are great, it’s a rat race of burning cash quicker than the competition. It’s not sustainable, especially as an advantage. Sure, you can get really good at advertising, get your cost of acquisition (CAC) down. But in the end, you’re still paying to acquire...
Facebook, Linkedin, Zynga… they all had it easy. They all grew on the backs of existing services, spamming users with mass invites and notifications until a loyal following was suckered into using the product. And thanks to the inherent network effects, for every new user, the product was incrementally better for you as well… and...