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The "1 click checkout" dream that turned into a nightmare
by
Ryan Badger
https://shoprocket.io/blog/the-1-click-checkout-dream-that-turned-into-a-nightmare
Is there a one click checkout for subscriptions ?
I think this is something Apple got right in iOS. If you subscribe to something using an app, there's an option to cancel directly from the iOS Settings app.
I doubt that’s legal, also who would want that? 😅
I've said it before. Don't limit yourself to problems that actually exist. Made up problems in people's heads are equally as important to solve, but you don't actually need to solve them:
https://www.indiehackers.com/post/how-do-you-find-problems-7da307ce6c?commentId=-MHGx1kOngbXLOSkc6ls
The problem with Fast, is that the problem didn't even exist in people's heads... they created the problem and raised $120M+ off of it, then tried to sell it to people, and failed.
Maybe the right people had it in their heads? Investors are people.
Investors aren't customers and fundraising isn't a business model - people that think otherwise, fail.
I didn't say investors were customers, I implied that if investors think a problem exists, they will fund it. Yes, fundraising isn't a business model. How many millions of dollars did the founders of Fast fail with? (assuming they get no fraud charges in the meantime).
they raised $125M, and apparently spent it all and burned out, generating only $600k in total revenue.
And how much did the founders take out as salary?