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30 sats \ 2 replies \ @shyfire 27 Jun 2022 \ parent \ on: I'm Oscar Merry and I'm building Fountain Podcasts. AMA. bitcoin
Agreed @ it likely doesn't have fit as a category yet. Adoption still seems very niche. The business models are still also a bit opaque to me.
It's good to remind ourselves what the definition of v4v is: content is free, but users can send some value back to the creator if they so choose.
https://www.fountain.fm/faqs/value-for-value
Is the writing between the lines here if enough users end up sending value back to creators, that should enable new business models that don't rely on advertising ? Or is it something else? How do we define success criteria for the P/M Fit of v4v?
In the words of the inventor of the term P/M Fit (Andy R): "What do you uniquely solve that people desperately want?"
We therefore need to define three things to answer the question "does v4v as a category have p/m fit":
1a. What problem does v4v solve? 1b. What makes the v4v solution to this problem unique? 2. Why do people desperately want the solution offered by v4v?
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100 sats \ 1 reply \ @premitive1 5 Jul 2022
You don't have to read between the lines, the first sentence says more than you probably realized.
"The Value for Value model was conceived by Adam Curry and John C. Dvorak."
They did this on their show, "No Agenda" which has run almost 15 years only on contributions from the audience. They make good money. They also put on a good show. It goes hand-in-hand.
Some people have the luxury to produce a podcast as a hobby, but a high quality product requires significant investment of time, talent, and treasure. Regarding product/market-fit, Podcasting 2.0 enables within the context of value4value data regarding when people boost. Of course in general, they can also tell you in the notes they write. "XYZ happened and I had to send you money."
I find it inappropriate attempting to define a p/m-fit for v4v as a model. Each podcast has it's own market-fit. v4v simply represents the methodology by which the podcast, if a commercial product, earns revenue.
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0 sats \ 0 replies \ @shyfire 6 Jul 2022
Thanks, very informative reply! I think you're spot on with I find it inappropriate attempting to define a p/m-fit for v4v as a model.. I think I agree, I'm typically good at coming with potential p/m-fit for ideas but I think you're right - each podcast has its own p/m-fit. V4V is just an alternative way of "keeping the lights on", so to speak.
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