Trust Beats Scale
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Shaan Puri shares his perspective on how focused, high-trust communities can be valuable alternatives to large-scale platforms, particularly for specific demographics like millennial moms. He uses the example of a Facebook group called "Better than Google" to illustrate this concept.
Key Points:
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High-Trust Communities vs AI/Large Platforms:
- As AI becomes more prevalent, there's increasing value in human-curated, trust-based communities
- Personal experience and wisdom from real people can be more valuable than generic AI responses
- These communities create "village wisdom" in a digital format
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Community Success Factors:
- Focused demographic (e.g., millennial moms)
- Ability to post anonymously when needed
- High-trust environment without trolls
- Like-minded members with similar life goals
- Real names and faces attached to advice
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Business Potential:
- Valuable demographic (household decision makers)
- High engagement rates
- Natural content generation from community
- Strong word-of-mouth growth
- High value per user
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Market Opportunity:
- Similar to how Etsy carved out a niche against Amazon
- Could be valuable alternative to generic search engines
- Fills gap between professional networks (GLG) and general forums (Reddit)
- Potential billion-dollar opportunity if executed correctly
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Key Challenge:
- Getting people to actively participate in a new platform
- Need to find right seeding strategy for initial community
- Must maintain quality of community as it scales
The core insight is that while general platforms serve the masses, there's significant value in creating focused, high-trust communities for specific demographics who want more personal, reliable information from like-minded individuals.
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.