The Startup Ideas Podcast

$1M Startup Trends in 2024, With Michael Karnjanaprakorn

18 snips
Jan 11, 2024
In this episode, Michael Karnjanaprakorn, former CEO of Skillshare, shares his insights on the transformative startup trends for 2024. He dives into the rise of intentional community living, where neighborhoods are shaped by their residents. Michael discusses how cash flow and innovative AI technologies will influence new business models. He also explores the potential of platforms like DoNotPay in empowering consumers during negotiations and highlights emerging pricing models that focus on effective customer engagement.
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INSIGHT

Living Near Friends

  • Friends are moving closer to each other, prioritizing proximity over the "perfect" house.
  • This counters the trend of moving near family as people age, creating curated communities.
ANECDOTE

Flow and WeLive

  • Adam Neumann's Flow, similar to WeWork's WeLive, offers communal residential living with amenities.
  • It involves short-term leases and building ownership, learning from WeWork's mistakes.
ADVICE

Building a Community Business

  • Build a neighborhood village as a business by intentionally taking over a block and curating it.
  • Approach it like a mini-developer, prioritizing community over profit.
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