#162 - Why Clubhouse Will Fail
Description
Podcast Notes Key Takeaways
- Writing a viral thread has a lot of upsides:
- Shaan got invited to go on CNBC and a German news station
- Had his thread praised by a lot of famous individuals
- Got an offer for a book deal
- Shaan gained about 20,000 new followers from that one thread
- Advice for writing a viral thread:
- Write your thread and then come back to it an hour or so later. You want to look at it with fresh eyes and then edit it.
- Ernest Hemingway used to say, “Write drunk, edit sober”
- If you’re able to write about something a lot of people have a hunch about but can’t articulate well, people will share that post
- Write your thread and then come back to it an hour or so later. You want to look at it with fresh eyes and then edit it.
- Why does Shaan think Clubhouse will fail?
- App downloads are slowing and user retention is falling
- The app has an interestingness problem
- Also known as TTF (time to fun) or the length of time it takes to have fun in the app. All the great apps (Tiktok, YouTube, etc.) take less than 7 seconds to get good content.
- Additionally, Clubhouse is live so it’s exponentially harder for users to find good content quickly
- Also known as TTF (time to fun) or the length of time it takes to have fun in the app. All the great apps (Tiktok, YouTube, etc.) take less than 7 seconds to get good content.
- Clubhouse has two options:
- Become a content platform with fast growth but low retention
- Become a chilling platform with slow growth but high retention
- Two common mistakes newsletter writers make:
- Charging too little
- Not having a frontend and a backend product
- You need a cheap product that a lot of people buy and a premium product that only a small number of people buy but makes you a lot of money
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Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) discuss:
0:45 Shaan breaks down why and how Clubhouse will fail (although he wishes it won't)
17:10 How to go viral and also improve your writing
27:07 How to win (and make millions) in the content game
36:22 How 'The Hustle' finds its talent
38:44 A simple startup idea with huge potential
50:38 How Shaan's tweet became a meme
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Editing thanks to Jonathan Gallegos (@jjonthan)