Wibiya founders at The Junction
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This document outlines the journey of Wibiya, a startup co-founded by IDC graduates that has grown to over 200 million unique users. It discusses how they launched their initial product Joongel at TechCrunch 50 in 2008 but then pivoted to focus on Wibiya based on user feedback. The presentation emphasizes the importance of having the perfect team with complementary skills, getting feedback through concept testing and beta launches, keeping costs low through third party tools, and managing public perception. It aims to provide lessons learned for building a successful and fundable startup.
Wibiya founders at The Junction
- 1. Getting Started.. Wibiyas journey to 200M unique users Sunday, July 31, 2011
- 2. Who are we? IDC Graduate Zell Entrepreneurship Program Co-Founders of Joongel.com Founders & CEOs Wibiya.com Sunday, July 31, 2011
- 3. Agenda The Story The Perfect Team Get out there and Get it out there Low Burn-Rate & 3rd Party Tool Perception is Everything Anatomy of a Fundable Startup Questions Sunday, July 31, 2011
- 4. The Story Sunday, July 31, 2011
- 5. From Joongel to Wibiya Worked on Joongel for 2 year. Launched at TechCrunch 50 Demopit - 2008 Understood we created A and people wanted B Killed Joongel and started Working on Wibiya Sunday, July 31, 2011
- 6. Joongel.com Sunday, July 31, 2011
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- 10. The Perfect Team Sunday, July 31, 2011
- 11. Developer, Designer, Distributer The perfect startup has all three founders: Developer - someone who understands Technology Designer - someone who understands how to shape the experience Distributer - someone who understands how to reach, talk to and sell to the product Sunday, July 31, 2011
- 12. Get out there & Get it out there Sunday, July 31, 2011
- 13. Getting out there Do Furmansky! Don't be afraid to talk about your idea. Every advice is good, but not all good for you Sunday, July 31, 2011
- 14. Get it out there Start working on your free time Launch the Minimum Viable Product Features are your Enemy! Launch in 3 months (Unless you are building a nuclear plant!) Dont read too much news, read product related blogs Sunday, July 31, 2011
- 15. Reading List @KissMetrics - Holly Grail Smashing Magazine 37Signals Product Development - Eric Reis Quora Sunday, July 31, 2011
- 16. Concept Testing Sunday, July 31, 2011
- 17. Create Mockups - Then Design Sunday, July 31, 2011
- 18. Concept Testing Find a test group and start a closed Beta - (Walyou.com) Measure everything: engagement, time on site, installs, Viral effects, traf鍖c sources etc. Get Feedback on your product. Getsatisfaction.com UserVoice.com A/B test everything KissMetrics.com Sunday, July 31, 2011
- 19. Low Burn-Rate & 3rd Party tools Sunday, July 31, 2011
- 20. Tight Tight Budget Use 3rd party tool whenever you can Support - Zendesk Wire framing - Balsamic Analytics - KissMetrics / CrazyEgg / Clicktale Newsletters - MailChimp / MadMimi Collaboration - DropBox / Evernote Billing - Plimus / Chagify / Recurrly Design - 99Designs / IconFinder Project Management - Pivotal Tracker / Basecamp Sunday, July 31, 2011
- 21. Perception is Everything Sunday, July 31, 2011
- 22. Getting Funded Sunday, July 31, 2011
- 23. Questions? Sunday, July 31, 2011