13:14Turning Your Users Into Paying Customers
From Y Combinator · Published Jul 21, 2022 · Watch on YouTube
TL;DR
Founders often avoid charging users due to fear of rejection, perfectionism about pricing, or the belief that free pilots are necessary for feedback. YC partners argue that not charging prevents real learning — the most honest feedback comes from users' reaction to a price.
Key insights
- The three seconds after telling a user the price yields the most honest product feedback, through their facial expression or tone.
- Founders optimize for feedback over revenue because they think free usage is easier to get, but paying users teach far more.
- Perfectionism about pricing is a trap: pricing can be changed weekly, and successful companies (e.g., Dropbox) often set initial price "out of thin air."
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