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EP 440: $700k MRR, 100,000 Pay $7/mo For Gay Dating App Hornet, Will Beat Grindr?

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Sinopse

Sean Howell, the founder of Hornet - the second largest gay social network with 15 million members worldwide, known for its ongoing “Know your Status” HIV campaign. He's a speaker on mobile technology and his opinions have been featured all over the place, even the New York Times. Outside of work, Sean likes to serve on various non-profit boards and committees like the World Affairs Council, PFLAG, and UNAIDS, Famous Five: Favorite Book? – Alibaba What CEO do you follow? – N/A Favorite online tool? — Insightly Do you get 8 hours of sleep?— No If you could let your 20 year old self know one thing, what would it be? – “I wish I started earlier”   Time Stamped Show Notes: 01:38 – Nathan introduces Sean to the show 02:13 – How Hornet generates revenue 02:23 – Premium subscription model 02:53 – Direct deals 03:08 – Premium subscription service 03:29 – No restrictions 03:43 – 5% of their user base 03:37 – 15 million user base 03:53 – Hornet was founded in October 2011 04:13 – MAU 04:22 – Metric 04: