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Shreya Murthy

๐Ÿ‘ค Speaker
381 total appearances

Appearances Over Time

Podcast Appearances

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

And so we are fortunate to operate in a space where...

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

where we can have a lot of fun because that feels natural for a brand like ours and a product like ours and a space like ours.

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

And I actually think one of the biggest limitations of most companies that operate in an event space or an adjacent space is that they're too afraid to just have as much fun with it as users are having at these parties, right?

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

So we are structurally in a different position than a lot of companies as well.

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

And even something like Apple, you know, they have a very revered brand.

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

And so that that also limits the bounds of how much fun they can have just because they have such an established brand ethos that they've had for like, whatever, 30 years now.

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

And then to answer your question about the downsides, of course there are downsides.

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

You know, you can give people a lot of freedom, but then there are times when you have to say no.

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

And saying no becomes so much more painful both for you and for the person hearing it when a really fun idea does get killed or there's a direction that people are going down and then you're like, wait, wait, wait, I don't actually think we should go in that direction and here's why.

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

And so I think every organizational decision comes with a cost, but we've just found that the benefits vastly outweigh the costs.

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

I think they could.

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

And I think that I think it's just hard when you're printing boatloads of cash and you're one of the top performing stocks in the market.

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

It's just like, why take the risk with what's working?

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

And so that's why I think it's so much easier for startups to do because there's so much less to lose.

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

And startups are also earlier in their journey of defining their brand.

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

Like when you're an early stage startup, like no one knows who you are.

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

And so you have much more opportunity to redefine yourself versus like, I don't know, it would be weird if like ServiceNow started tweeting memes, right?

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

Yes.

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

So monetization is very top of mind for us right now.

Prof G Markets
First Time Founders: How Partiful Is Fixing the Loneliness Crisis

And the reason that we haven't monetized to date is twofold.