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  • Jun 28, 2020
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    1 reply

    You could probably get a team, pay them in equity, try getting some investors to invest in this. Social media blows up if it’s good, if it has a feature no one else are offering you’ll eventually have alot of users on your app

  • Jun 28, 2020
    Nine Arts Dragon

    You could probably get a team, pay them in equity, try getting some investors to invest in this. Social media blows up if it’s good, if it has a feature no one else are offering you’ll eventually have alot of users on your app

    Yeah blowing up as a social media app basically comes down to what niche you fill

  • Honestly timing is also very important, i feel like every social media app has it’s 15 minutes and then userbase starts declining. There’ll be an opportunity for your app to be the next big thing but rn i feel like nothing can compete with Tik Tok. I’d work on the idea and launch in 2 or 3 years

  • Jun 28, 2020

    To increase userbase at the start you need an app people really want to use (or they'll be off it super quick) and you need to know people personally who would use it. And would have to convince them to convince their friends to try it out. You'd have to push it super hard. It's a lot of sales type work initially which can suck

    What worked for facebook initially is they made it exclusive. That helps a lot if you can actually pull it off but better to not ignore potential customers

  • Jun 28, 2020

    when people say build it, you dont need a fully working & scalable product. you just need a low level prototype. it's a literal pre-set cycle; there are explicit stages and there is basically a straight up list of linear actions to follow to make a startup. it's incredibly easy and vastly overblown for how "impressive" it is.
    bring a prototype to investment rounds/bootcamps - you can search VCs in your area. VCs & Angel investors are literal smooth brain brainlets who will invest in anything, they deserve to have their money taken from them. firstly, make sure to actually incorporate. search up some buzzwords and make a succinct presentation alongside market research. present it alongside your prototype. hire contract HR & PR. get a co-founder to help w/ hiring engineers/etc. post-seed investment

  • Jun 28, 2020
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    1 reply

    Don’t even get me started on starting a start up

  • Jun 28, 2020
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    edited

    setup a team and build up your product (you will need funds, so need to loans etc). Eventually you will have the investors knocking at your door if product is good as your company grows.

    Also get a good lawyer and accountant from the beginning

  • Jun 28, 2020
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    1 reply

    start up tech sounds like the hardest most saturated s*** on earth

  • Jun 28, 2020
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    edited

    I remember reading that Snapchat didn't make a penny for 12 years, then it began turning over a profit. Seems like you need a lot of patient investors above all

  • Jun 29, 2020

  • Jun 29, 2020
    www quakerboy us

    start up tech sounds like the hardest most saturated s*** on earth

    Yeah because there’s a new startup wanting to be the next Facebook every f***in day

  • Jun 29, 2020

    perhaps finding other small startups to network and gain experience will help you with your journey to complete your start up.

  • Jun 29, 2020

    jus tell me the idea bro i got u

  • Jun 29, 2020

    In to read later

  • 6isco 🦈
    Jun 29, 2020

  • Nessy 🦎
    Jun 29, 2020

    Imma keep it real with you chief a social media app as a first startup probably wont work

    If you can find a way to sell it to professionals to cut their costs or something tho it might

  • Jun 29, 2020

  • Jun 29, 2020
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    1 reply

    Step 1: Learn C++

    I’ll be back for step 2

  • Jun 29, 2020

    Op has never seen the social network

  • Jun 29, 2020
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    1 reply
    worthit

    Okay but the first thing I mentioned

    If I build a social media app that requires a lot of traffic to be useful and I'm the only one using it than it's not gonna take off

    Let's forget for a sec I'm talking about my project

    How do social media apps take off in general?

    Instagram would suck if it was only 5 people posting there
    Twitter would suck if it was Jack Dorsey and friends tweeting

    You never seen the social network or look at how twitter took off?

    you make it, then start getting people on it, most likely using resticted access to boost its appeal

    you'll need seed money for servers and s*** too

    if s*** gets popular quick enough, companies will start looking at it and come to you.

    Also, i think you're better off making a niche sm app like tik tok/snap. as in not usual that would compete with facebook or twitter

  • Jun 30, 2020

    as someone that did a couple months as an unpaid intern for a social network...Id just rec going to the entrepreneur club at your school, offering them equity, and finding a meshing point for your vision

    if you can find the right guy, business students who specifically look for the start up lane have so much f***ing drive, you won't have to manage anything you don't want to. Just make sure you smooth over the legalese before even linking up with someone, bc 9 times out of 10 they're going to know more than u (I was also a CS major at one point)

  • Jun 30, 2020

    if you can get past that fundraising stage, I think you'll mentally feel better

  • Jun 30, 2020
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    worthit

    I have an idea for a social media app that could actually be a big thing if done correctly

    I'm a CS student so It's not random to have projects like this

    But it's a SOCIAL media app. You don't get to a successful sm app without people actually using it.

    How do you get people to start using your app? Do you have to start with fake users so that the "first" user won't be the only one using the app?

    How do you get funding? One man can't build a successful cross platform app for masses. Of course I could (and will) try to create a draft, an MVP. But there comes the time when I need more help and nothing is free.

    How does all of this work?

    I started my own start up, it's a robotics based business but the MVP grind and seed capital begging is the same.

    Honestly just build it, make 100 demo users, don't lie to investors and say they're real, just show them how the service works with the demo accounts. That's enough to get you seed capital if it's a good idea.

    Best way to start getting real users is to either do a giant ass flashy launch with a lot of ads, or to make a platform that actually works better for something people need. Like are you making a competitor to instagram, VSCO, Reddit? Advertise there.

    You aint goin anywhere without knowing how to advertise, CS will only get you so far. Aint no one investing in an idea that's for sure. Rent or build a server and get writing.

    TBH though taking investments is always desperate and/or dumb, just grind your MVP and start netting a profit, f*** investors, they aint donators, they'll take their money back and then some whilst f***ing your business over.

  • Jun 30, 2020
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    1 reply
    rami

    You never seen the social network or look at how twitter took off?

    you make it, then start getting people on it, most likely using resticted access to boost its appeal

    you'll need seed money for servers and s*** too

    if s*** gets popular quick enough, companies will start looking at it and come to you.

    Also, i think you're better off making a niche sm app like tik tok/snap. as in not usual that would compete with facebook or twitter

    You don't need seed money for servers, that's a myth. Just design the website smart, you can always generate more money from impressions via ads than it takes to host them.

    Most idiots do take seed capital to build their servers up though, just like most idiots spend 7 years paying off their car, doesn't mean it's necessary.

  • Jun 30, 2020
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    1 reply
    SomeRandomNob

    You don't need seed money for servers, that's a myth. Just design the website smart, you can always generate more money from impressions via ads than it takes to host them.

    Most idiots do take seed capital to build their servers up though, just like most idiots spend 7 years paying off their car, doesn't mean it's necessary.

    True i don't know all that much, but the second part is a good point.

    wouldn't it depend on the traffic you're getting though?