Adobe makes it easier to create social content on mobile with AI, Discord revenue has quadrupled since 2020 to over $600M

Top News

Adobe is making it easier to create social content on mobile with AI. - Link

Discord revenue has quadrupled since 2020 to over $600M on an annualized basis; Discord says it now has 200M+ MAUs and launches rewards for gamers. - Link

Inflection launches Inflection-2.5 and says it performs “neck and neck with” OpenAI's GPT-4; its chatbot Pi has 1M DAUs and 6M MAUs. - Link

Reach is a cybersecurity platform that connects to a company’s existing IT and security products, collecting data on attacks and recommending ways to combat them. - Link

Instagram has quietly added a secret emoji game that you can access in your DMs. - Link

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Advice of the Day

How to Successfully Launch on Product Hunt

Leo Bosuener, founder of Social Growth Labs, has helped 60+ startups hit #1 on Product Hunt and shares his advice along with myths about the platform. The key takeaways include:

1. Set Clear Goals: Focus on conversion goals like website visits, signups, and paid trials rather than popularity.

2. Warm Up Your Audience: Build anticipation and engage with your target audience 30 days before the launch. Encourage your network to create Product Hunt accounts in advance.

3. Strategic Launch Day Planning: Use time zones effectively and plan multiple pushes throughout the launch day for consistent engagement.

4. Choose the Right Day: Select the day of the week based on your goals—Mondays or Fridays for high ranking, midweek for high traffic.

5. Understand Product Hunt Algorithm: Focus on upvotes, quality engagement, and having a well-crafted product. Avoid launch parties and fake account engagements.

6. Invest in Quality Marketing Assets: Create a compelling tagline, high-quality images, an engaging video, and a captivating maker's comment.

7. Value Comments and Reviews: Encourage engagement and feedback to increase conversion rates.

Read more here.

Startup Demo of the Day:

Vmaker AI Video Editor is an online AI video editor. The editor adds b-rolls, background music, transitions, and subtitles. It can also create short form videos, teasers, and take highlights from long form videos.

Founder University is a 12-week pre-accelerator program run by Jason/LAUNCH for builder founders. We're investing $25k in 20-30 companies from Cohort 7. Apply at founder.university/letsbuild.

This Week in Startups

E1910: Jonathan Neman discusses the innovation and scale of Sweetgreen, the future of the fast-casual industry, and how robotics and technology are being integrated into the restaurant sector. - Watch

E1909: Lon Harris and Jason do a business breakdown on the movie "Moneyball." They discuss how Oakland A's unconventional, data-driven approach to assembling a baseball team reflects paradigm shifts similar to those in startups versus incumbents, emphasizing the importance of adaptability, first-principle thinking, and commitment. - Watch

E1908: Shyam Sankar of Palantir discusses the transformation in Silicon Valley's view on defence technology, highlighting Palantir's origins post-9/11 and its contributions to national security, including preventing terrorist attacks. They delve into the evolution and significance of defense technologies such as Palentir's Gotham Platform, the role of AI and robotics, and the impact of large language models and radio frequency (RF) in modern warfare. - Watch

E1907: David Weisburd, Erik Torenberg, Guy Perelmuter, and Jason, discuss leaked VC returns from Sequoia Capital and Union Square Ventures, bearish signs in the startup employment market, the emergence of the first one-person unicorn, and the return of founders and investors to San Francisco. - Watch

E1906: David Clark joins Jason to discuss VenCap's investment strategies and analyze over 500 investments. They delve into the criteria for success in VC, examining data from 12K companies and the concept of the power law. Key topics include the selection of top-performing investments, the benefits of long-term company investment, challenges faced with seed managers, and selling strategies. - Watch

This Week in Startups Paid Partnerships

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