🎉 Hey Failories! It's Nico here.

Three new interviews (1 successful startup, 2 failed ones), updates on Failory's premium newsletter and some curated links for entrepreneurs.

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interviews & news 📢

🤖 SaaS.Group acquired a scrapping tool and grew it to $400k/mo. We talked with the startup's CTO, Zoltán, who shared the reasons why they acquired the company and how they have employed SEO and affiliate marketing strategies to acquire users. You can read the story here.​

🏝 Failing to build a Vrbo and Airbnb competitor. Due to the lack of a clear value proposition, the misalignment of co-founders' incentives, and poor planning, VacationBird couldn't become the world's marketplace for finding vacation rentals and shut down months after launching. Here's the story.​

📹 Failing to raise funds without a product and shutting down. Despite we've seen some startups raise money at millionaire valuations, without even having launched, the story of the majority of fundraising efforts of startups without a product is different. Here's Cam.ly's one.​

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📧 2 weeks until Failory's #1 premium newsletter. This month, we'll be analyzing the recent failure of ScaleFactor. Its CEO blamed the COVID for halving ScaleFactor’s $7 million ARR, but we'll see there's more behind their shut down. A Theranos-like story...

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💎 We're giving away MAKE and Zero to Sold. Many of you have probably heard of Pieter Level's and Arvid Kahl's books. They are goldmines for anyone following the bootstrapping way of startup-ing.

To participate, you need to refer 15 people to Failory's newsletter. Few subscribers have achieved this, so you'll have huge chances of winning.

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what I'm reading 👀

I'm still experimenting with the format of this section. This week, I'll keep it short.

A great article on Lenny's newsletter on how the biggest consumer apps (Snapchat, Uber, Tinder, etc) got their first 1,000 users.

A detailed post from Erik Torenberg on how to find a co-founder, which is "your most important hire".

Patreon raised a $155M Series F round and the CEO announced it through this excellent video.

Rob Walling, of TinySeed, and Courtland Allen, of Indie Hackers, discussing SaaS trends and opportunities (in late-2020).

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That's all for this week. I hope you enjoyed this week's newsletter.

Let me know if you have any questions!

Cheers,

Nico

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