This Week in Startups

VCs hiring Twitter ghostwriters, Meta's XR plan, Netflix's ad tier & more | E1586

4 snips
Oct 15, 2022
Cliff Lerner, founder of Saturdays, a social app aimed at enhancing location-based connections, joins the conversation to discuss his journey from Wall Street to tech entrepreneurship. He shares innovative features inspired by social media for his new app, emphasizing user-centric challenges, especially for women. The episode also covers VCs hiring Twitter ghostwriters to boost engagement, a shift to investing in public tech companies, and the complexities of Netflix's new ad-supported tier, sparking a lively debate on consumer choices.
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ADVICE

VC Ghostwriting

  • Consider a content marketing strategy, including ghostwriting, to boost your online presence.
  • VCs are hiring ghostwriters, demonstrating the importance of online presence for deal flow and fundraising.
INSIGHT

Public Market VC Investments

  • Some VCs are investing in public tech companies due to a lack of attractive late-stage private deals.
  • This strategy allows them to capitalize on undervalued public companies they previously missed.
ANECDOTE

Decentraland's User Base

  • Decentraland, a metaverse platform, reportedly has low daily active users despite high land sales.
  • This highlights the risk of prioritizing monetization over product-market fit.
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