2min snip

My First Million cover image

#6 - How This Silicon Valley Outsider Hustled His Way to $750M Exit - Meet Vungle's Jack Smith

My First Million

NOTE

The Terrible Idea and the Compelling Advice

The speaker's initial idea for an app store with videos demonstrating app functionality was deemed terrible and would not have worked./nThe speaker's success in securing investment was attributed to their hustle and determination rather than their original business idea./nA key piece of advice received was to speak to prospective customers and identify their biggest problems or challenges./nAfter speaking to app developers, the speaker discovered that their main challenge was marketing and user acquisition./nThe speaker had a limited time frame of two weeks to come up with a new business idea for the demo day presentation.

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