Makers Weekly

In this episode we hang with Philip Thomas, he shares an inspiring story about how his first failed startup gave him the learnings needed to launch Moonlight, which is bootstrapped and rapidly growing.We discuss many interesting topics with Philip including:when to quit working on an idea, and move onthe importance of getting to know your early users how to validate your idea with data before building anythingways to start a software business and get revenue, before writing codethe importance of experimenting with different pricing modelsand much more!Extra Extra - go deeper on topics from this episodePricing and rake strategies for marketplaces - Bill Gurley, legendary VC @ Benchmark, published this excellent piece on how to approach pricing as a marketplace. My last startup was a marketplace, I would reference this often when modeling different pricing strategies. It's very tricky to keep your rake low to reduce supply-side friction, while also maintaining favorable unit economics to acquire both the su