Wibiya founders at The Junction

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Getting Started.. Wibiya’s journey to 200M unique users Sunday, July 31, 2011

Transcript of Wibiya founders at The Junction

Page 1: Wibiya founders at The Junction

Getting Started.. Wibiya’s journey to 200M unique users

Sunday, July 31, 2011

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Who are we?

IDC Graduate

Zell Entrepreneurship Program

Co-Founders of Joongel.com

Founders & CEO’s Wibiya.com

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Agenda

The Story

The Perfect Team

Get out there and Get it out there

Low Burn-Rate & 3rd Party Tool

Perception is Everything

Anatomy of a Fundable Startup

Questions

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The Story

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From Joongel to Wibiya

Worked on Joongel for 2 year.

Launched at TechCrunch 50 Demopit - 2008

Understood we created “A” and people wanted “B”

Killed Joongel and started Working on Wibiya

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Joongel.com

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The Perfect Team

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Developer, Designer, Distributer

The perfect startup has all three founders: 

Developer - someone who understands Technology

Designer - someone who understands how to shape the experience

Distributer - someone who understands how to reach, talk to and sell to the product

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Get out there &

Get it out there

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Getting out there

Do Furmansky!

Don't be afraid to talk about your idea.

Every advice is good, but not all good for you

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Get it out there

Start working on your free time

Launch the “Minimum Viable Product”

Features are your Enemy!

Launch in 3 months (Unless you are building a nuclear plant!)

Don’t read too much news, read product related blogs

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Reading List@KissMetrics - Holly Grail

Smashing Magazine

37Signals

Product Development - Eric Reis

Quora

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Concept Testing

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Create Mockups - Then Design

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Concept Testing

Find a test group and start a closed Beta - (Walyou.com)

Measure everything: engagement, time on site, installs, Viral effects, traffic sources etc’.

Get Feedback on your product.

Getsatisfaction.com

UserVoice.com

A/B test everything

KissMetrics.com

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Low Burn-Rate&

3rd Party tools

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Tight Tight Budget

Use 3rd party tool whenever you can

Support - Zendesk

Wire framing - Balsamic

Analytics - KissMetrics / CrazyEgg / Clicktale

Newsletters - MailChimp / MadMimi

Collaboration - DropBox / Evernote

Billing - Plimus / Chagify / Recurrly

Design - 99Designs / IconFinder

Project Management - Pivotal Tracker / Basecamp

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Perception is Everything

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Getting Funded

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Questions?

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