My First Million cover image

Pomp Shares 3 Non-Obvious Business Ideas with Massive TAMs

My First Million

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Nikita Bier iteratively developed his apps, testing different names to find the right audience. He discovered that renaming an app could cause it to take off with a specific demographic (the gay market). His focus was on launching high-fidelity tests to achieve a K-factor over one and immediate monetization through spam invites and a paywall, prioritizing short-term profit over long-term retention for viral apps.

  • Gen AI/ML implications focus on rapid testing and iteration.
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