Read our ground-up thoughts on building a consumer app Feedback/ critique welcome
Monetization vs User growth in Consumer apps Most consumer AI apps follow a freemium approach and often hit a stage where monetization and user growth seem to sit at a crossroads. One of the common quips I hear from founders is that a startup can only focus on growth or monetization. While in the short-term this may be true over the long-term monetization almost always flows from user activity & growth, especially in a consumer app. Startups need to think deeply about whether they add enough value in their free version to drive growth. This is especially relevant for AI-first applications where data is the oil! Too often, founders chase monetization aggressively when growth starts to stall. This is akin to killing the golden goose that lays the eggs. While there is some merit in pursuing this strategy once a company corners a large chunk of its addressable market, this almost always does not apply to a startup. I share my ground-up thoughts on building a consumer application in my latest blog: https://lnkd.in/deUzVVJA Feedback welcome!