1/Sam Altman on why you shouldn’t track absolute user growth in the early days of a startup

“Nothing but a great product will save you; you can get everything else right and it still won’t work.”

He points out that almost all startup founders get the following wrong:

“Retention is the single-most important thing for growth… If you end up with a retention curve that asymptotes parallel to the x-axis, you have a viable business, and you have product/market fit for some subset of market.”

— Alex Schultz, CMO and VP of Analytics at Meta

I hope it will be a social media that has decentralized structures, bluesky, no third parties, no censorship, and does not bow to bureaucracy.

Hi web3