Every founder should know this story!
In 2010 Twitch was going to die.
This is what they did to save the company and reach $1,000,000 MRR!
In early 2010 Twitch ran out of funding and was spending nearly $1,000,000 a month on engineer salaries and bandwidth.
So they sat down
- Solve your own problems. Build a portfolio of small bets. > 1 K-factor. Design products with virality in mind. Go with your gut feeling. Avoid the sunk cost fallacy. Have one clear value proposition. Don’t talk politics. Build an audience. Shamelessly charge for your products.
- If you're a bootstrapped solo-founder Avoid the sunk cost fallacy like the pest! To do that, solve small, solo-problems Examples: ByeDispute (avoid Stripe disputes) TagParrot (auto index your pages) Plausible (private analytics) The benefits are: - one simple value
- First time I launched on Product Hunt I had less than 100 followers The product was not impressive But it got the #5 Product of the Day badge How? I spent $100 on a design cake to have my tweets go viral 👇
- This is incredible guys! → #1 on PH so far → We hit $469 MRR → 1200 visitors so far → 10% of all spots taken Sometimes all you need is a simple idea and lots of friends ;-) But it's not over yet, keep pushing 😃

