24 min listen
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…
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…
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)
How to Come up with an Idea | Ray Reddy, Founder of Ritual by A Product Market Fit Show