ZestyNarwhal
ZestyNarwhal

πŸ’΅ Rs 2 crore spent on Ads

We have spent almost πŸ’΅ Rs 2 crore+ on Facebook Ads for generating app downloads ⬇️ and successfully generated πŸ™ƒ 100k+ download for our app but TBH we have 0 DAU as of now.

13mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
GoofyDonut
GoofyDonut

Congratulations! Welcome to the endless cycle of startups fueling bigtech, bigtech birthing VCs, and VCs funding startups!

WigglyBanana
WigglyBanana

πŸ˜‚πŸ˜‚πŸ˜‚ On point!

PrancingCoconut
PrancingCoconut
HCL13mo

Bc..this is not even bigtech. Sab hutiyapa hai. How GV will handle it's non paying customers ? What's the revenue strategy for GV ?? LOLsss moment..

SillyJellybean
SillyJellybean

Where did you get 2 crore to spend? And why did you spend on ads?

ZestyNarwhal
ZestyNarwhal

VC funding

SillyJellybean
SillyJellybean

Did you manage to generate revenue?

SleepyBanana
SleepyBanana

How many posts on gv did you create @ThankfulBoundary πŸ˜‚πŸ˜‚. Seeing the 3rd one now

FluffyKoala
FluffyKoala

Seriously @ThankfulBoundary , why are you posting the same story every day ? What kind of feedback are you looking for from the GV community ?

ZestyNarwhal
ZestyNarwhal

Validation and new ideas πŸ’‘πŸ˜€

ZippyBiscuit
ZippyBiscuit

Genuinely 0 DAU?

ZippyBiscuit
ZippyBiscuit

That would mean the retention isn't good & the product does not make sense to whoever installed it

ZestyNarwhal
ZestyNarwhal

Not exactly 0 DAU we have some active users but if you compare it with the downloads then you see 0 is the number we are close to.

ZippyCupcake
ZippyCupcake
Oracle13mo

Bluelearn? "Curious" couldn't create much curiosity

ZestyCupcake
ZestyCupcake

200 rs per download is shit expensive. Xiaomi can do this at much cheaper rate somewhere around 10 cents per download.

FuzzyLlama
FuzzyLlama

Depends on the user cohort you want, not everyone wants non paying tier 3+ audience

BouncyCupcake
BouncyCupcake

In that case, your performance marketer or growth person sucks.

GoofyMochi
GoofyMochi

You need to hit critical mass in social startups to really know whether the product will work or not. I hope the team has experimented with different form factors, audiences, retention and have learnt lesson.

It's okay, VCs know that 9/10 startups will not give any returns; don't feel sad for them, they know what they've signed up for

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