GTM Sauce

Burner · B2C · second phone number app

Try a freemium version of an app where every free user costs money

Didn't scale without lots of capital; stayed a premium, paid-first app

Failedpricingmarket-selection

What they did

With VC money they tested making Burner freemium, alongside studying ad-supported competitors. Because every phone number costs money, giving numbers away to a million users and hoping 1% convert months later only works with a lot of capital. They saw a 'mile wide, inch deep' path and chose to stay revenue-driven and premium.

What happened

Could not see how freemium would become valuable; stayed premium, growth settled below VC-scale.
Stage
growth
Effort
Part of the experiments run on a ~$2M VC round
“After a period of time, we were starting to run low on that cash and we had tried a lot of experiments, including trying to make a freemium business out of Burner.”
Greg Cohn
“So, you can't just give it away to a million people and hope 1% of them convert after some number of months.”
Greg Cohn

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