"No matter what you choose, build stuff and be around smart people. “Stuff” can be a lot of different things—open source projects outside of class, a startup, a new sales process at a company you work at—but, obviously, sitting around talking with your friends about how you guys really should build a website together does not count."
Building stuff is true for to all age groups including VC's
Homeopathy offers remedies for antibiotic resistant infections. I had a relative who had severe infection post knee replacement surgery. She was operated 4 times due to this infection as the bacteria is considered antibiotic resistant. A classical homeopath treated her to recover from the infection.
This is the bacteria that caused the post surgery infection
Is the source of growth an important metric to measure for success? The source of groupon growth is through excessive sales push. Compared to that, Google growth in early days is because of viral effect without too much sales & marketing spend.
Mr. VC, great explanation. You blame it on the purchaser for the poor usability & cheap business manipulation. Customer buys a shoe, you added a VIP membership by default & you wanted customer to remove that before checkout.
Why can't you just have a intermediate page saying "Save 50% by subscribing to VIP membership at $39 / month" with all the explanation & have "Yes, subscribe me as a VIP member" & "No Thanks" instead of adding that by default ? JustFab won't do that because they know conversion will be much lower.
In every site I have purchased, I have never seen this experience. So how do you want me as a user to SUSPECT a monthly recurring charge like this ?
We have to start somewhere.