Frameworks v0.2

From the following article by Chris Paik (ex-GP at Thrive Capital, GP at Pace Capital), which I encourage you to check out:

This article was useful in understanding key Tech concepts tied into achieving Business Model - Product Fit.

Key Points:

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Low ACV demand cannot require education

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High ACV demand must require education

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User-generated content > Editorially driven content for ad-driven platforms

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Editorially-driven content > User-driven content for subscription-driven platforms

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The seven deadly sins are actually the seven core motivators

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Why now?

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Market vs Execution Risk

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Incentivizing time speculation

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Supply as Commodity vs supply as Unique are fundamentally different strategies

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Potential energy in an ecosystem must be converted into kinetic energy

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Elasticity of demand approaches zero as you ascend Maslow’s hierarchy of needs

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A specialized tool will always beat a generalized tool over time

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Distribution vs monetization

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10x experience to a single, critical customer category

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First order irrational, second order rational

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Non-P&L operational leverage

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User trust = consistently meeting expectations