Re:I wasted $40k on a fantastic startup idea
by rel2thr on Monday January 18, 2021 @04:19PM
(#25826756)
I like your idea, but I’m confused why you didn’t try the webmd competitor route.. 50c/user that webmd makes is pretty good really , with good SEO + content marketing you could scale to enough users to make things interesting
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Re:I wasted $40k on a fantastic startup idea
by sixQuarks on Monday January 18, 2021 @04:37PM
(#25826955)
Exactly. This was the right path in this case. The value is for the consumer, if he could attract just 100K visitors per month, that's $500,000/year.
Not only that, he would have a highly targeted group of users that he could tailor all kinds of products and services to.
Re:I wasted $40k on a fantastic startup idea
by ivalm on Monday January 18, 2021 @04:56PM
(#25827149)
You need 1mil visitors for 500k.
Re:I wasted $40k on a fantastic startup idea
by saaaaaam on Monday January 18, 2021 @05:04PM
(#25827220)
Indeed. Which what 100k per month comes to, give or take :)
Re:I wasted $40k on a fantastic startup idea
by yaboy on Monday January 18, 2021 @05:15PM
(#25827324)
You’re both wrong. 100k visitors per month ≠ 100k unique users per month. Very different things!
Re:I wasted $40k on a fantastic startup idea
by sixQuarks on Monday January 18, 2021 @07:57PM
(#25828707)
You're being super nit-picky. It should have been assumed 100K "visitors" meant uniques, but I knew someone like you might make this comment. 100K * 12 = 1,200,000 visitors. I added a 20% margin to account for return visitors.
Re:I wasted $40k on a fantastic startup idea
by yaboy on Monday January 18, 2021 @08:43PM
(#25829002)
I’d like to see you tell your founder or CMO that the difference between monthly visitors and monthly unique visitors is “super nit-picky”.
The 20% margin is risible and those who live by SEO die by SEO: https://cdixon.org/2011/03/05/seo-is-no-longer-a-viable-mark...