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Having founded multiple startups across various industries, I’ve gone through this discovery process for dozens of startup ideas, potential features, and market opportunities. Avoid putting too much merit in third-party market research and instead focus on first-principles thinking. How big is the market? Is it growing?
5:35 – What percent of the market will ultimately be paid content? 9:10 – Price anchoring. 9:10 – Price anchoring. Chris Best is the cofounder and CEO of Substack. Substack makes it simple for a writer to start a paid newsletter. They were in the Winter 2018 batch of YC. You can check them out at Substack.com.
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