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Reid Hoffman: My Rule of Three for Investing

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Reid Hoffman: My Rule of Three for Investing
Topic: Miscellaneous 11:20 am EDT, Apr 20, 2009

1. How will you reach a massive audience?

In real estate the wisdom says “location, location, location.” In consumer Internet, think “distribution, distribution, distribution.” Thousands of products launch every month on hundreds of thousands of new Web pages. How does a company rise above the noise to attract massive discovery and adoption? YouTube did it through existing channels like MySpace, which already reached millions. Yelp had strong SEO, which found them a mass audience searching for restaurants and nightlife. Facebook’s University-centric approach landed them 80% adoption across a campus within 60 days of launch. Every Net entrepreneur should answer these questions: How do we get to one million users? Then how do we get to 10 million users? Then how will you get deep engagement by your users.null

Reid Hoffman: My Rule of Three for Investing



 
 
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