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Hiten Shah Profile picture
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11 Sep, 7 tweets, 4 min read
NFT projects I like. A continuous thread.
First things first. Here’s why my profile pic (pfp) is an NFT that I own. @LazyLionsNFT.
Tunes is a project that @suhail is involved in. There were daily drops of the NFT instead of a single minting date. It’s a really neat experiment related to music. More info: tunesproject.org
Fives is a cool experiment for basketball fans. You can mint your team of the best ballers in history for free, just pay gas fees. Mint your own team while you can. More info here: projectfives.com
"We cooked up this project to make an affordable entry point into the NFT world. Buying a Nugg costs 0.025 ETH. No bonding curves or price tiers."
Poems exploring human emotion generated on the blockchain. 5,000 NFT poems available. Free to mint. emoshunsnft.com

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More from @hnshah

Hiten Shah Profile picture
15 Aug
Building a business is not the same as founding a startup. Most startups don’t get to the phase of building the business. Because they don’t create a product worth building a business around. This is why finding product/market fit is the #1 goal for every new startup.
This idea that a startup is not a business might sound obvious, but it’s not when you’ve got infinite choices about what to focus on and are just starting out. If you chase product/market fit, you’ll find a business eventually in time. If you don’t, luck is all you’ve got.
Startups turn into a business when you have a repeatable model for increasing revenue. This should come after product/market fit. When it doesn’t you end up with a startup that has high churn and low retention. Startups are tough because you don’t start on day 1 with a business.
Read 6 tweets
Hiten Shah Profile picture
20 Jun
A thread of threads on startups.
Read 7 tweets
Hiten Shah Profile picture
19 Jun
Do you know your enneagram type?
crystalknows.com/enneagram-test
I have known about and utilized enneagram in my life for a dozen+ years. Recently, startups have been incorporating it into their organizations. What pleasantly surprised is when a few partners at venture capital firms told me that they are using it internally too.
Read 5 tweets
Hiten Shah Profile picture
8 Jun
It’s time for a thread about startup pivots...

Last week, for my startup, we announced our pivot from a document search tool called FYI to a security product called Nira (@niradotcom).

Here are answers to the most common questions people have asked me about pivoting a startup.
What made it necessary to pivot?
People assume companies pivot out of necessity because something isn’t working. When you pivot, you’re making a critical change to your business rooted in customer learnings.

With FYI, it wasn’t exactly necessary for us to pivot.
The pivot was a choice between the opportunity we had been pursuing and a new opportunity we had discovered. Every IT team we talked to wanted us to solve their document access control problems. We discovered that these problems were not only painful but also potentially costly.
Read 20 tweets
Hiten Shah Profile picture
7 Jun
Ten Rules for Web Startups by @ev (2005)
1: Be Narrow
2: Be Different
3: Be Casual
4: Be Picky
5: Be User-Centric
6: Be Self-Centered
7: Be Greedy
8: Be Tiny
9: Be Agile
10: Be Balanced
11 (bonus!): Be Wary
Source: web.archive.org/web/2006040809…
Read 13 tweets
Hiten Shah Profile picture
1 Jun
At my startup, @usefyi we have pivoted from a document search tool for everyone to a security product used by IT people. We've also changed our name to Nira (@niradotcom).

The pivot got kick-started when someone used our product in an unexpected way. Here's the story…
My co-founder (@marieprokopets) and I were at the office of a 50-person startup in SF to meet with the CEO, who was using our document search product.

We were prepared for a typical user research session where we’d watch him use our product.

That’s not quite what happened.
As soon as the CEO opened the laptop and pulled up FYI, he looked nervous.

“Did you do this? These people don’t work here anymore. Why do they still have access to my docs? Did you share them?!”

We quickly explained that he was just seeing the current state of his documents.
Read 8 tweets

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