Chapter

The Cold Start Problem
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03:28 - 31:41 (28:13)

New products must overcome the "cold start problem" of having no users; a phenomenon that inhibits growth as networking effects depend on user engagement, meaning that a product becomes more valuable to more people when there are more users. Start-ups targeting niche communities tend to grow over time, resulting in successful social media platforms, apps, and corporations that overcome the problem.

Clips
Start-ups could be jeopardising their long-term growth by focusing on broad-based marketing when launching new products, said Alex Moazed, CEO of Applico.
03:28 - 31:41 (28:13)
listen on Spotify
Technology
Summary

Start-ups could be jeopardising their long-term growth by focusing on broad-based marketing when launching new products, said Alex Moazed, CEO of Applico. In a podcast interview, Moazed said successful tech platforms started out with highly interconnected user groups and expanded slowly, creating stable and valuable networks.

Chapter
The Cold Start Problem
Episode
#409 - Andrew Chen - An Angel Investor's Secrets For Rapid Growth
Podcast
Modern Wisdom