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Startups Shape the Social Casino Market | Yair Panet

Apr 16, 2017

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Page 1: Startups Shape the Social Casino Market | Yair Panet

HACKING THE MARKET

Lessons Learned from building a social casino startup

Yair PanetCEO and Co-Founder, Wizits

Page 2: Startups Shape the Social Casino Market | Yair Panet

OUR GAMES

Page 3: Startups Shape the Social Casino Market | Yair Panet

WHAT IS A STARTUP?

Page 4: Startups Shape the Social Casino Market | Yair Panet

“A Startup is a company that is confused about

1. What its product is2. Who it’s customers are3. How to make money”

- Dave McClure, 500 startups

Page 5: Startups Shape the Social Casino Market | Yair Panet

LESSONS LEARNED

Page 6: Startups Shape the Social Casino Market | Yair Panet

Innovate Fast, Innovate Often

Avoid comfort zones

Focus on retention, then on monetization

Don’t A/B test your strategy

LESSON 1 - INNOVATE

Page 7: Startups Shape the Social Casino Market | Yair Panet

LESSON 1 - INNOVATE

1 2 3 4 5

LIKE THIS:

1 2 3 4

NOT LIKE THIS:

Page 8: Startups Shape the Social Casino Market | Yair Panet

BUILD

LEARN MEASURE

Page 9: Startups Shape the Social Casino Market | Yair Panet

Build in-house

Be Coherent and Consistent

Don’t forget your core proposition

Live Your Product

Page 10: Startups Shape the Social Casino Market | Yair Panet

Product Niches

Brands

Localized Apps

Portfolio Strategy

Page 11: Startups Shape the Social Casino Market | Yair Panet

KEEP YOUR BURN RATE LOW!

Page 12: Startups Shape the Social Casino Market | Yair Panet

BUILD A STELLAR TEAM

Page 13: Startups Shape the Social Casino Market | Yair Panet
Page 14: Startups Shape the Social Casino Market | Yair Panet

KEEP YOUR HEAD UP

Page 15: Startups Shape the Social Casino Market | Yair Panet

February 2016

Thanks!

Yair [email protected]: urikaduri