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5 months in, Snapchat had only 127 users. Here's how Evan Spiegel found product market fit w/ Jeremy Liew (Partner at Lightspeed and Seed Investor in Snapchat)

5 months in, Snapchat had only 127 users. Here's how Evan Spiegel found product market fit w/ Jeremy Liew (Partner at Lightspeed and Seed Investor in…

FromA Product Market Fit Show


5 months in, Snapchat had only 127 users. Here's how Evan Spiegel found product market fit w/ Jeremy Liew (Partner at Lightspeed and Seed Investor in…

FromA Product Market Fit Show

ratings:
Length:
39 minutes
Released:
Apr 22, 2024
Format:
Podcast episode

Description

Today, Snapchat is an $18B company with 400 million daily active users. But on launch day, Evan acquired exactly 0 users. It took him 6 months to get 100 people to use the app. In this episode, we explore how Snapchat went from idea to product-market fit.Our guest is Jeremy Liew, a Partner at Lightspeed and the first investor in Snapchat. He led Lightspeed's seed round in 2012 at a $5M valuation (!!). He understood why Snapchat and Evan were special before anyone else.If you want to understand why Snapchat took off when so many other consumer startups fail to do so, check this episode out. 
Released:
Apr 22, 2024
Format:
Podcast episode

Titles in the series (84)

As an early-stage founder you have one goal: find product-market fit.  On The Product Market Fit Show, we explore the 0 to 1 journeys of the most successful startups. We go deep and provide detailed examples you can steal. Our goal is simple. We want to understand product-market fit better than anyone on the planet.