Dmitry Gurski
๐ค SpeakerAppearances Over Time
Podcast Appearances
I just don't want it. It's against my values and I don't have any interest to that. And we understood very well the size of problem because we had experience with health and fitness apps before. But question about knowledge. We didn't have knowledge. But also we had humility to understand that we didn't have knowledge.
I just don't want it. It's against my values and I don't have any interest to that. And we understood very well the size of problem because we had experience with health and fitness apps before. But question about knowledge. We didn't have knowledge. But also we had humility to understand that we didn't have knowledge.
I just don't want it. It's against my values and I don't have any interest to that. And we understood very well the size of problem because we had experience with health and fitness apps before. But question about knowledge. We didn't have knowledge. But also we had humility to understand that we didn't have knowledge.
And because of that, we started to analyze and we started to listen users and doctors. And I remember that before starting Flow, our document about this market and potential product had 700 pages. And still, we are making still all decisions based on data and based on user research. We have done in Flow more than 1,000 of user researchers. We have user researchers in each product team.
And because of that, we started to analyze and we started to listen users and doctors. And I remember that before starting Flow, our document about this market and potential product had 700 pages. And still, we are making still all decisions based on data and based on user research. We have done in Flow more than 1,000 of user researchers. We have user researchers in each product team.
And because of that, we started to analyze and we started to listen users and doctors. And I remember that before starting Flow, our document about this market and potential product had 700 pages. And still, we are making still all decisions based on data and based on user research. We have done in Flow more than 1,000 of user researchers. We have user researchers in each product team.
And we are talking with users all the time. Then we combine that with data from the web and we are making decisions objectively. And it was our way to make a good product for users without any own knowledge about this field. To listen users and doctors very, very careful and be very humble about own knowledge.
And we are talking with users all the time. Then we combine that with data from the web and we are making decisions objectively. And it was our way to make a good product for users without any own knowledge about this field. To listen users and doctors very, very careful and be very humble about own knowledge.
And we are talking with users all the time. Then we combine that with data from the web and we are making decisions objectively. And it was our way to make a good product for users without any own knowledge about this field. To listen users and doctors very, very careful and be very humble about own knowledge.
I think it may be right about absolutely a new category of something. But when we started our product, our market was enough big and already formed. We had hundreds of competitors and some of them big and some of them raised significant capital. Let's mention one of our competitors, Glow. It was started by Max Levchin, a key member of PayPal mafia.
I think it may be right about absolutely a new category of something. But when we started our product, our market was enough big and already formed. We had hundreds of competitors and some of them big and some of them raised significant capital. Let's mention one of our competitors, Glow. It was started by Max Levchin, a key member of PayPal mafia.
I think it may be right about absolutely a new category of something. But when we started our product, our market was enough big and already formed. We had hundreds of competitors and some of them big and some of them raised significant capital. Let's mention one of our competitors, Glow. It was started by Max Levchin, a key member of PayPal mafia.
They raised from Anderson Horowitz and Founders Fund 30 million almost immediately. They started three years before Flow. And we had such competitors and it was a rather formed market. It was not an empty market, but it was also an opportunity to learn from them. It was a good opportunity not to be a newcomer, but have an advantage to learn from other products.
They raised from Anderson Horowitz and Founders Fund 30 million almost immediately. They started three years before Flow. And we had such competitors and it was a rather formed market. It was not an empty market, but it was also an opportunity to learn from them. It was a good opportunity not to be a newcomer, but have an advantage to learn from other products.
They raised from Anderson Horowitz and Founders Fund 30 million almost immediately. They started three years before Flow. And we had such competitors and it was a rather formed market. It was not an empty market, but it was also an opportunity to learn from them. It was a good opportunity not to be a newcomer, but have an advantage to learn from other products.
What did you learn from them, and why did you beat them? I would say that it's very similar at the beginning with a race. All cars start approximately at the same point, or at the same point, and all cars are the same. And then you need a little advantage, but then when you're making many, many, many rounds, like you're getting more and more and more distance.
What did you learn from them, and why did you beat them? I would say that it's very similar at the beginning with a race. All cars start approximately at the same point, or at the same point, and all cars are the same. And then you need a little advantage, but then when you're making many, many, many rounds, like you're getting more and more and more distance.
What did you learn from them, and why did you beat them? I would say that it's very similar at the beginning with a race. All cars start approximately at the same point, or at the same point, and all cars are the same. And then you need a little advantage, but then when you're making many, many, many rounds, like you're getting more and more and more distance.
It means that it's almost kind of a bifurcation point. You are getting a little advantage at the beginning and then in years your advantage is becoming huge. And the ultimate reason behind that is that it's a flywheel. It's like just a cumulative effect of many things. And at the beginning, our apps were honestly pretty much similar.
It means that it's almost kind of a bifurcation point. You are getting a little advantage at the beginning and then in years your advantage is becoming huge. And the ultimate reason behind that is that it's a flywheel. It's like just a cumulative effect of many things. And at the beginning, our apps were honestly pretty much similar.