This Week in Startups - Kamran Pourzanjani, CEO of Bestcovery

TL;DR

Pick is a social news site that allows users to submit news stories and ask readers for their opinions through surveys, creating engaging and interactive content.

Transcript

with this time hey everybody uh it's another this week in startups thanks for coming this is episode number 28 holy cow we've been doing this for 28 weeks or maybe more because we do some bonus episodes last week great show it's probably going to wind up being one of our most downloaded shows anytime we have an entrepreneur on who's had a really su... Read More

Key Insights

• 📰 Pick combines social news sharing with surveys to create a unique and interactive platform for users to engage with news stories.
• ❓ The founder's clear pitch and understanding of the market show promise for the company's growth and potential.
• 👤 Leveraging partnerships with publishers could help increase visibility and attract users to the platform.
• 🐕‍🦺 Revenue generation through premium services and advertising partnerships provides opportunities for sustainability and growth.

Questions & Answers

Q: How does Pick differentiate itself from other social news sites like Digg?

Pick stands out by incorporating surveys to gather reader opinions, providing a more interactive and engaging experience compared to traditional upvote/downvote systems.

Q: What are some potential revenue streams for Pick?

Pick has the potential to generate revenue through premium services, such as offering higher placement for polls for increased traffic, as well as advertising partnerships and sponsorships.

Q: How does Pick plan to attract users and gain traction in a crowded market?

The founder is currently focusing on building a user base and gathering feedback. Additionally, partnerships with publishers and integration with existing websites could help increase visibility and attract users.

Q: How does Pick handle user privacy and data security?

Ensuring user privacy and data security is a priority for Pick. Transparent policies and secure data handling practices will be implemented to protect user information.

Summary & Key Takeaways

• Pick is a social news site that revolutionizes the way readers engage with news stories by incorporating surveys for readers to share their opinions.

• Users can submit news stories along with two choices for readers to vote on, creating a more interactive and engaging experience.

• The platform also allows bloggers to embed polls on their websites to gather feedback from their readers, increasing engagement and traffic.